5075-5085 Simms Place

Wheat Ridge, CO 80033
Beds
6
Square Ft.
3,296
$975,000
Prime investment opportunity in coveted Wheat Ridge! This updated side-by-side duplex offers modern amenities and strong income potential in a rapidly growing area. Located just 2 blocks from RTD Light Rail, 5 minutes from I-70 and Applewood, 10 minutes from Olde Town Arvada and Golden, 20 minutes from Denver, 30Read MoreRead Less
Courtesy of West and Main Homes Inc, Brittany Guimond, [email protected].
Listing Snapshot
Days Online
58
Last Updated
Property Type
Duplex
Beds
6
Square Ft.
3,296
Lot Size
0.35 Acres
Year Built
1980
MLS Number
2224299
30 Days Snapshot Of 80033
$748k
+16%
(avg) sold price
26
-16%
homes sold
44
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Responsibility: "Public Maintained Road"
Appliances & Equipment
"Bar Fridge", "Cooktop", "Dishwasher", "Disposal", "Dryer", "Electric Water Heater", "Freezer", "Microwave", "Oven", "Range", "Range Hood", "Refrigerator", "Washer"
Building
Above Grade Finished Area: 3296, Architectural Style: "Traditional", Common Walls: "1 Common Wall", Construction Materials: "Brick", "Frame", "Wood Siding", Direction Faces: Southeast, Entry Level: 1, Entry Location: Ground, Levels: "One", Living Area: 3296, Occupant Type: Owner, Structure Type: "Duplex", Total Area: 3296, Unit Count: 4, Unit Types: "Array", "Array", "Array", "Array", Built in 1980
Cooling
Cooling: "Central Air", "Evaporative Cooling"
Disclosures
Exclusions: Seller and tenant's personal property, 5085 den/living room fridge, 5085 deep freezers, security cameras, 2 keyless entry keypads.
Expenses
Operating Expense Includes: "Accounting", "Advertising", "Insurance", "Legal", "Maintenance", "Real Estate Tax", Operating Expense: $12,117, Projected Annual Expense: $12,117
Exterior Features
Features: "Garden", "Private Yard", "Rain Gutters", Patio And Porch Features: "Covered"
Fence
Fencing: "Full"
Fireplaces
2 fireplaces, Fireplace Features: "Electric", "Wood Burning"
Floors
Flooring: "Laminate", "Linoleum", "Tile", "Vinyl"
Foundation
Foundation Details: "Concrete Perimeter"
Garage
Attached Garage, 4 garage spaces
Heating
Heating: "Baseboard", "Forced Air", "Natural Gas"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 57898.00, Gross Income: $70,015, Projected Annual Net Income: $69,883, Projected Gross Income: $72,000
Interior Features
Features: "Ceiling Fan(s)", "High Speed Internet", "Laminate Counters", "No Stairs", "Primary Suite", "Smoke Free", "Wet Bar", "Wired for Data"
Laundry
Features: "In Unit"
Lot
Acres: 0.35, Area: 0.35, Features: "Corner Lot", "Irrigated", "Landscaped", "Near Public Transit", "Sprinklers In Front", "Sprinklers In Rear", Parcel Number: 514183, Square Feet: 15246
Energy Saving
Green Energy Efficient: "Appliances", "Windows", Green Verification Count: 0
Owner Pays
Owner Pays: "Exterior Maintenance", "Insurance", Ownership: Agent Owner
Parking
Parking Total: 11, Carport Spaces: 0, Offstreet Spaces: 7, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 4, Features: "Concrete", "Dry Walled", "Exterior Access Door", "Finished Garage", "Oversized", "Oversized Door"
Property
Incorporated, Livable Structure Count: 0, Out Building Count: 0, Property Condition: "Updated/Remodeled", Property Sub Type: Duplex, View: "Mountain(s)", Zoning: R-2 Residential-2
Roof
Roof: "Composition"
Security Features
Features: "Carbon Monoxide Detector(s)"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 4674, Legal Description: SECTION 17 TOWNSHIP 03 RANGE 69 QTR SE SECTION 17 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 785600 SUBDIVISIONNAME VISTA RIDGE DRIVE LOT 0007 SIZE: 15573 TRACT 00A VALUE: .358, Tax Year: 2024
Tenant Pays
Tenant Pays: "Cable TV", "Electricity", "Gas", "Grounds Care", "Internet", "Trash Collection", "Water"
Utilities
Electric: "110V", "220 Volts", Power Production Count: 0, Utilities: "Cable Available", "Electricity Connected", "Internet Access (Wired)", "Natural Gas Connected", "Phone Available", Utility Billing To Tenants: Direct Billing from Utility, Separate Bill from Owner, Utility Metering: Common Water, Separate Electric, Separate Gas, Water Source: "Public"
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