6544 Lowell
FHA Assumable
3.77% Rate
50 photos
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6544 Lowell

Denver, CO 80221

3
Bedrooms
2
Bathrooms
1,456
Sq Ft

Payment Calculator

$3,840per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$41,750
$41,750$93,396
Secondary Financing8.5% Rate
$51,646
Blended rate4.08% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$5,014/mo
Assumable @ 3.77% + gap
$3,840/mo
$1,174less per month
$1,174
per month
$14,086
per year
$422,590
over 30 years

🏦 Loan Details

List Price
$835,000
Assumable Rate
3.77%
Remaining Balance
$741,604
Loan Type
FHA
Est. Equity Gap
$93,396
Annual Taxes
$3,738
HOA/mo
$240

About This Home

Zoned R-2, the Highest And Best use of this property is for multifamily development. With over 1 half acre of ground accessed directly from Lowell Blvd, this is ideal for townhomes or luxury apartments, such as are being built across the street, or condos, such as those on the north side of this property. The 88' x 254' lot is perfectly flat. Hidden Lake Park nearby. There's A nice 1450 square foot modular Home on The Property that could be used as a rental until your Development plans are approved. Includes 4 4-car oversized, detached garage.

Data Source: REcolorado MLS

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
$835,000
3.77% rateFHASave $1,295/mo

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