406 Washington
FHA Assumable
3.47% Rate
50 photos
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406 Washington

Denver, CO 80203

2
Bedrooms
1
Bathrooms
974
Sq Ft

Payment Calculator

$2,525per 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?$22,000
$22,000$170,941
Secondary Financing8.5% Rate
$148,941
Blended rate5.11% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,642/mo
Assumable @ 3.47% + gap
$2,525/mo
$117less per month
$117
per month
$1,405
per year
$42,164
over 30 years

🏦 Loan Details

List Price
$440,000
Assumable Rate
3.47%
Remaining Balance
$308,400
Loan Type
FHA
Est. Equity Gap
$170,941
Annual Taxes
$1,826
HOA/mo
$351

About This Home

Step into a piece of Denver history at 406 N Washington Street, where timeless 1922 character meets modern-day comfort. Nestled in the heart of the sought-after Alamo Placita neighborhood, this charming residence showcases the craftsmanship and architectural details that make historic homes so special, while offering thoughtful updates for today's lifestyle. From the moment you enter, you'll be welcomed by warm hardwood floors, inviting living spaces, and classic details that blend seamlessly with contemporary finishes. The updated interior preserves the home's original charm while providing the comfort and convenience buyers desire. Enjoy a lifestyle defined by walkability and convenience, with parks, local cafés, restaurants, boutique shopping, and the Cherry Creek Trail just moments away. Whether you're relaxing at home, entertaining friends, or exploring one of Denver's most beloved historic neighborhoods, 406 N Washington Street offers the perfect balance of character, location, and modern living. As an added bonus, buyers who choose the seller's preferred lender will receive a paid appraisal and a set lender credit at closing to help offset the cost of their home inspection, creating even more value and savings during the home-buying process. There is also an assumable FHA loan under four percent on the property, reach out to the Seller's Agent for details regarding these items. A rare opportunity to own a beautifully updated historic gem in one of Denver's most vibrant and enduring communities. Bonus...the other side of the building is available as well, take a look at 402 N. Washington Street!

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
$440,000
3.47% rateFHASave $1,264/mo

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