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6735 W 37th Place, Wheat Ridge, CO, 80033

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MLS #RECIR1041851 image #0

6735 W 37th Place, Wheat Ridge, CO, 80033

6 Beds
6 Baths
7,412 SqFt
0.3 Acres

Listing Id

RECIR1041851
$1,680,000

Positioned as a rare opportunity in today’s market, this three-unit multi-family property delivers immediate rental income with substantial upside for future growth. Each of the triplex’s residences offers a well-designed floor plan with two bedrooms, two bathrooms, and more than 1,200 square feet of finished living space. Every unit is equipped with an attached two-car garage, full appliance package (refrigerator, oven/range, microwave, dishwasher, washer, and dryer), private patio, and fenced yard-enhancing tenant appeal and long-term retention. Unfinished basements of over 1,200 square feet per unit, already plumbed for bathrooms and bedrooms, provide an extraordinary opportunity to increase rentable square footage. Investors may also explore value-add strategies such as separate basement entries or vertical expansion (“pop-top”) to create additional rentable units, significantly increasing NOI. The property includes an owned on-site security system with cameras, providing additional peace of mind for both ownership and tenants. Current residents are on month-to-month leases with willingness to extend, ensuring immediate income continuity. With its combination of stable cash flow, expansion-ready infrastructure, and prime tenant amenities, 6735, 6733, and 6731 West 37th Place represents an exceptional commercial investment for both seasoned operators and portfolio builders seeking value-add multifamily assets.

Property Details
Price:
$1,680,000
MLS #:
RECIR1041851
Status:
Active
Beds:
6
Baths:
6
Type:
Multi Family
Subtype:
Triplex
Subdivision:
Lynn Lee Sub
Finished Sq Ft:
7,412
Total Sq Ft:
7,412
Lot Size:
13,112 sqft / 0.30 acres (approx)
Year Built:
2002
Units:
3
ContemporaryLynn Lee SubJefferson County R-1StevensEverittWheat Ridge
Interior
Appliances
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Cooling
Central Air
Heating
Forced Air
Levels
One
Exterior
Architectural Style
Contemporary
Construction Materials
Stone, Frame, Wood Siding
Direction Faces
South
Fencing
Fenced
Parking Spots
6
Parking Total
6
Patio And Porch Features
Patio
Roof
Composition
Window Features
Double Pane Windows, Window Coverings
Schools
School District:
Jefferson County R-1
Elementary School:
Stevens
Middle School:
Everitt
High School:
Wheat Ridge
Financial
Net Operating Income
$5,641
Tax Year
2024
Taxes
$3,359

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6735 W 37th Place
Wheat Ridge, CO