2 Adams Street
FHA Assumable
6.99% Rate
19 photos
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2 Adams Street

Denver, CO 80206

2
Bedrooms
2
Bathrooms
1,278
Sq Ft

Payment Calculator

$2,215
per month, total
$16,789
cash you bring
No secondary financing needed

The equity gap on this property ($16,789) is less than 5% of the purchase price ($17,500). Your down payment covers the full gap with no second mortgage required.

Down payment$16,789
Effective rate6.99% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,102/mo
Assumable @ 6.99%
$2,215/mo
$0
per month
$0
per year
$0
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$350,000
Assumable Rate
6.99%
Remaining Balance
$333,211
Loan Type
FHA
Est. Equity Gap
$16,789

About This Home

Want Cherry Creek access without the Cherry Creek price tag? This condo delivers restaurants, trails, shopping, and neighborhood favorites just steps from your front door. A major advantage of this particular unit is 2 parking spots in the lot across the street. Secure entrance - Take the elevator to the 6th floor, and you’re welcomed into a space that’s been stylishly refreshed. Inside, you’ll find a recently updated kitchen (completed June 2026) and bathroom (completed 2022) with clean, modern finishes. Building is FHA approved and has a NEW ROOF!! The living room feels bright and welcoming, A dedicated dining space adds function and flexibility, and the spacious bedroom offers generous closet storage. Bonus space is the enclosed balcony now an extra all season room which makes a great office or library! Square footage does not include this bonus room! Laundry is conveniently located on each floor. The building offers a strong list of amenities, including an indoor pool, a well-equipped fitness center, a ground-level party room, and a BBQ area for enjoying summer evenings. Mountain Shadows condos offers a secure entrance and on-site management, offering comfort and peace of mind whether this is your full-time home, a second residence, or a low-maintenance landing spot close to everything. Located just one block from Cherry Creek Mall and the coveted Gates Tennis Center, and just a short stroll to the heart of Cherry Creek North, this condo places you in one of Denver’s most desirable neighborhoods—without the million-dollar price tag.

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$350,000
6.99% rateFHA

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