Wheat Ridge, CO 80033,5075-5085 Simms PL
Wheat Ridge, CO 80033,5075-5085 Simms PL
Wheat Ridge, CO 80033,5075-5085 Simms PL
Wheat Ridge, CO 80033,5075-5085 Simms PL
Wheat Ridge, CO 80033,5075-5085 Simms PL
Wheat Ridge, CO 80033,5075-5085 Simms PL
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$ 1,050,000
Est. payment | /mo

6 Beds

4 Baths

3,296 SqFt


$ 1,050,000
Est. payment | /mo

6 Beds

4 Baths

3,296 SqFt

OPEN HOUSE

Sat Apr 05, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $318

Subdivision Vista Ridge

MLS Listing ID 2224299

Style Traditional

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 3,296

Originating Board recolorado

Year Built 1980

Annual Tax Amount $4,674

Tax Year 2024

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Duplex

Property Description

Prime investment opportunity in coveted Wheat Ridge! This updated side-by-side single-level brick duplex offers modern amenities and strong income potential in a rapidly growing area. Located just 2 blocks from RTD Light Rail and just minutes from I-70, Olde Town Arvada, and Golden.

Each side features 3 beds (huge!), 2 baths (including primary en-suites), included in-unit laundry, private fenced yards, and spacious garages — an oversized detached 2-car garage for 5085 and an insulated attached 2-car garage for 5075. Stylish updates include brand-new white oak LVP flooring, new stainless steel appliances, new Simonton windows, new roof with skylights, and refreshed low-maintenance landscaping. 5085 offers 1800 sq feet with two fireplaces, an evaporative cooler, and a large bonus room. 5075 offers around 1500 sq ft with central A/C, a sunroom with a wet bar, and a new smooth driveway.

Separately metered for gas and electric with baseboard boiler heat and dedicated water heaters, this property provides a fantastic opportunity for multigenerational living, or to generate rental income or occupy 1 side while leasing the other — hello househackers! Projected total LTR market rent is ~$6K/month, or MTR at $7-8K/mo with the new Lutheran Hospital just 5 min away attracting traveling nurses, or go STR with District 4's ONE remaining STR license (as of 4/2). 5075 is currently leased LTR through Feb 2026 (tenant needs 60 days to vacate). Don't miss your chance to invest in this thriving location!

Location

State CO

County Jefferson

Zoning R-2 Residential-2

Interior

Interior Features Ceiling Fan(s), High Speed Internet, Laminate Counters, No Stairs, Primary Suite, Smoke Free, Wet Bar, Wired for Data

Heating Baseboard, Forced Air, Natural Gas

Cooling Central Air, Evaporative Cooling

Flooring Laminate, Linoleum, Tile, Vinyl

Fireplaces Number 2

Fireplaces Type Electric, Wood Burning

Fireplace Y

Appliance Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Garden, Private Yard, Rain Gutters

Parking Features Concrete, Dry Walled, Exterior Access Door, Finished, Oversized, Oversized Door

Garage Spaces 4.0

Fence Full

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

View Mountain(s)

Roof Type Composition

Total Parking Spaces 11

Garage Yes

Building

Lot Description Corner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Frame,Wood Siding

Schools

Elementary Schools Vanderhoof

Middle Schools Drake

High Schools Arvada West

School District Jefferson County R-1

Others

Senior Community No

Ownership Agent Owner

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo

Special Listing Condition None

Virtual Tour https://www.zillow.com/view-imx/17dff7c6-2f24-47b6-a9c9-e9491c36d459?setAttribution=mls&wl=true&initialViewType=pano

REColorado (REColorado MLS)
Listed by West and Main Homes Inc • britt@brittguimond.realtor,970-445-4741
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5075-5085 Simms PL