4664 Simms
VA Assumable
3.57% Rate
50 photos
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4664 Simms

Wheat Ridge, CO 80033

6
Bedrooms
3
Bathrooms
3,010
Sq Ft

Payment Calculator

$5,122per 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?$37,500
$37,500$634,405
Secondary Financing8.5% Rate
$596,905
Blended rate7.69% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,503/mo
Assumable @ 3.57% + gap
$5,122/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$750,000
Assumable Rate
3.57%
Remaining Balance
$117,601
Loan Type
VA
Est. Equity Gap
$634,405
Annual Taxes
$3,592
HOA/mo
$465

About This Home

Flexible living meets smart investing in the heart of Wheat Ridge. This full duplex offers two distinct residences under one roof, making it an ideal setup for multigenerational living, owner-occupants seeking supplemental income, or investors looking for a versatile asset.\r \r The larger unit features a split-level design with 4 bedrooms, 2 bathrooms, and approximately 2,010 sq ft, offering multiple living areas and natural separation of space—perfect for extended family, guests, or shared living without feeling crowded. The second unit offers a well-proportioned 2-bedroom, 1-bath layout with approximately 1,000 sq ft, providing a comfortable and efficient space for additional family members or consistent rental income.\r \r Both sides offer functional layouts with dedicated living and dining areas, practical kitchens, and a sense of privacy with separate entrances. The property has been well cared for over time, with pride of ownership evident throughout, while still offering room to update and personalize to your style.\r \r Whether you're looking to live in one side and keep loved ones close, offset your mortgage with rental income, or fully lease both units, the flexibility here is hard to find. Attached garage spaces and off-street parking add everyday convenience, while the single water meter and current configuration present future upside for those considering improvements or repositioning.\r \r Set in a convenient Wheat Ridge location with easy access to shopping, dining, and major routes, this is a rare opportunity to blend lifestyle and long-term value in one property.

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
$750,000
3.57% rateVASave $3,754/mo

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