$1,050,000
For Sale

5075-5085 Simms Place

Wheat Ridge, CO 80033
3296 sqft | 6 beds | 0.35 acres | #2224299
Listing OfficeWest and Main Homes Inc
Browse 47 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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

Edgar Monjaras - Fathom Realty Colorado LLCReal Estate Group
OR

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