5075-5085 Simms PL Wheat Ridge, CO 80033
6 Beds
4 Baths
3,296 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,296 sqft
Price per Sqft $295
Subdivision Vista Ridge
MLS Listing ID 2224299
Style Traditional
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 3,296
Year Built 1980
Annual Tax Amount $4,674
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Duplex
Source recolorado
Property Description
Opportunities abound for any living situation, including:
— MULTIGENERATIONAL — age in place with NO STAIRS!
— Cashflow with UPSIDE — get creative with cosmetic updates, conversions or rental strategy.
— HOUSE HACK — reduce your mortgage by living in one side and renting the other (both live like SFH).
— Buy and hold — stable rents with active development all around.
What's your rental strategy? Projected total LTR market rent is ~$6K/month (5075 currently leased at $2835/mo through Feb 2026), 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 5/14). 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 Garage, 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
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA