2705 Evans
FHA Assumable
2.98% Rate
50 photos
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2705 Evans

Denver, CO 80210

11
Bedrooms
5
Bathrooms
4,474
Sq Ft

Payment Calculator

$6,486per 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?$57,500
$57,500$802,226
Secondary Financing8.5% Rate
$744,726
Blended rate7.42% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$6,905/mo
Assumable @ 2.98% + gap
$6,486/mo
$419less per month
$419
per month
$5,027
per year
$150,812
over 30 years

🏦 Loan Details

List Price
$1,150,000
Assumable Rate
2.98%
Remaining Balance
$180,755
Loan Type
FHA
Est. Equity Gap
$802,226
Annual Taxes
$6,502

About This Home

Two complete homes, one price. Nearly 4,600 square feet of fully updated living space in University Park, offered as a package or split, and priced to move for investors, house-hackers, or buyers who want a DU-area property that pays for itself. Unit 2701 offers 5 bedrooms and 2 bathrooms. Unit 2705 offers 6 bedrooms, 3 bathrooms, and a private garage. Both units have been updated with new kitchens featuring cherry cabinets and granite counters, updated bathrooms, hardwood flooring, central AC, separate hydronic heat boilers, newer appliances, in-unit washer/dryer, and window coverings throughout. Utilities are separately metered for gas and electric, and low-maintenance yards keep operating costs down. Both units are currently tenant-occupied with leases through 8/31/26, giving you immediate cash flow from day one. Tenants can stay or vacate at lease end, leaving options open heading into the 2026-2027 rental season, which is peak demand for DU-area housing. U-TU-C zoning supports the current two-unit use with flexibility for future planning, and no HOA means no added fees eating into your returns. Please do not disturb tenants. Showings by appointment only.

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
$1,150,000
2.98% rateFHASave $5,274/mo

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