1351 Franklin
VA Assumable
3.85% Rate
50 photos
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1351 Franklin

Denver, CO 80218

5
Bedrooms
4
Bathrooms
4,052
Sq Ft

Payment Calculator

$9,429per 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?$80,000
$80,000$450,371
Secondary Financing8.5% Rate
$370,371
Blended rate4.82% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$9,607/mo
Assumable @ 3.85% + gap
$9,429/mo
$178less per month
$178
per month
$2,137
per year
$64,108
over 30 years

🏦 Loan Details

List Price
$1,600,000
Assumable Rate
3.85%
Remaining Balance
$1,403,884
Loan Type
VA
Est. Equity Gap
$450,371
Annual Taxes
$7,142
HOA/mo
$365

About This Home

Live in a $1.6M historic Denver home for the cost of ~$800K—thanks to $4K–$5.2K/month in built-in income.\r $20K seller concession offered — perfect for rate buy-down, closing costs, or upgrades.\r Steps from Cheesman Park & short walk to Cherry Creek, this stunning 1886 Victorian wows with its iconic corner turret & rich original architectural details blending historic charm with modern luxury in one of Denver’s most desirable neighborhoods.\r The standout private-entry garden-level 1-bed, 1-bath apartment (with full kitchen) delivers strong income—approximately $4K–$5.2K/month ($45K–$63K/year) depending on use and leasing strategy. Perfect for an au pair, in-laws, multigenerational living, or savvy house hacking that offsets your mortgage while keeping everyone comfortably close yet independent. Zoning allows for a potential 3rd unit, adding long-term upside.\r Spanning 4,052 sq ft across 4 levels, the home offers 5 bedrooms & 4 bathrooms with exceptional flexibility for extended family or investors. Timeless original details—rich hardwood floors, intricate trim, pocket doors, & 3 fireplaces with original tile—shine alongside a gourmet kitchen featuring Viking & Kenmore Elite appliances, a spa-like primary bath, and attic media room complete with bar. \r Outdoor living is magic: a welcoming front porch for peaceful mornings, a sunset & Denver skyline-facing second-story back deck for unforgettable evenings, a private yard, & a 2.5-car detached garage with future rooftop deck potential. Beautifully restored & flooded with natural light, this true sanctuary honors its heritage while delivering the warm, inviting lifestyle you’ve been dreaming of.\r Perfectly positioned on a quiet, tree-lined block, this is a rare opportunity to own a legacy property that lives as beautifully as it performs.\r The main home has historically rented for $6,250–$6,500/month furnished—creating ~$10K–$12K/month in total income when combined with the ADU.\r \r Listing Agent has ownership in home.

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
$1,600,000
3.85% rateVASave $3,781/mo

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