5075-5085 Simms Place
Wheat Ridge, CO 80033
3296 sqft | 6 beds | 0.35 acres | #2224299

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!
Property Details
- InteriorCeiling Fan(s), High Speed Internet, Laminate Counters, No Stairs, Primary Suite, Smoke Free, Wet Bar, Wired for Data
- Utility FeaturesCable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
- Lot DescriptionCorner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
- Exterior MaterialsGarden, Private Yard, Rain Gutters
- School DistrictJefferson County R-1
- FoundationConcrete Perimeter
- Property ConditionUpdated/Remodeled
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- ViewMountain(s)
- SubdivisionVista Ridge
- High SchoolArvada West
- Elementary SchoolVanderhoof
- Original List Price$1,050,000
- CountyJefferson
- MLS #2224299
- Cost1050000
- MLS #2224299
- Utility SourcePublic
- Taxes Annual$4,674
- Property SubtypeDuplex
- Structure TypeDuplex
- Middle SchoolDrake
- Acres0.35
- Square Feet3296
- Year Built1980
- Fireplaces2
- Bedrooms6
- Parking Spaces4
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Brittany Guimond (#REC55059243)
Listing Office: West and Main Homes Inc (#RECWMAIN)

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