1620 Colorado
FHA Assumable
5.5% Rate
50 photos
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1620 Colorado

Denver, CO 80220

2
Bedrooms
1
Bathrooms
797
Sq Ft

Payment Calculator

$1,749per 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?$12,500
$12,500$211,588
Secondary Financing8.5% Rate
$199,088
Blended rate8.01% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,501/mo
Assumable @ 5.5% + gap
$1,749/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$250,000
Assumable Rate
5.5%
Remaining Balance
$38,411
Loan Type
FHA
Est. Equity Gap
$211,588
Annual Taxes
$1,639
HOA/mo
$434

About This Home

Urban mid-century charm meets unbeatable location in this inviting 2-bedroom condo. Ideally situated near City Park, 9th & Colorado hub, and Congress Park, this home offers convenient access to some of Denver’s best dining, shopping, and entertainment.\r \r Set within a secure, vintage 12-unit, pet-friendly building, the property features a rare sense of community complemented by a massive fenced yard— perfect for grilling, relaxing, gardening, or play. Thoughtfully oriented with parking and outdoor space tucked behind the building, this unit enjoys a level of privacy that’s hard to find in the area.\r \r Inside, spacious room sizes, an open layout, and original hardwood floors create a warm and comfortable atmosphere. Artistic details, including custom-fabricated steel shelving and trim, add unique character and style. The primary bedroom easily accommodates a king-sized bed, while the second bedroom offers generous storage with double closets.\r \r Additional amenities include secure storage in the garden-level basement and a large, deeded tandem parking space that fits two cars. Located just a block from public transit and moments from City Park (home to summer jazz events), Denver Botanic Gardens, Trader Joe’s, a variety of restaurants, a movie theater, concert venues, museums, hospitals and the Denver Zoo.\r \r With a stable and responsive HOA, this property also presents an excellent opportunity for investors seeking a strong rental option.

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
$250,000
5.5% rateFHASave $881/mo

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