Wheat Ridge, CO 80033 5075 Simms Pl

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Presented By: West and Main Homes Inc; britt@brittguimond.realtor,970-445-4741
  • MLS# 2224299
  • 04/03/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 4
  • SQFT • 3,296
  • Garage • 4

Home Details

Prime investment opportunity in coveted Wheat Ridge! This updated side-by-side single-level brick duplex offers modern amenities and strong income potential in a rapidly growing area. Located just 2 blocks from RTD Light Rail and just minutes from I-70, Olde Town Arvada, and Golden. Each side features 3 beds (huge!), 2 baths (including primary en-suites), included in-unit laundry, private fenced yards, and spacious garages - an oversized detached 2-car garage for 5085 and an insulated attached 2-car garage for 5075. Stylish updates include brand-new white oak LVP flooring, new stainless steel appliances, new Simonton windows, new roof with skylights, and refreshed low-maintenance landscaping. 5085 offers 1800 sq feet with two fireplaces, an evaporative cooler, and a large bonus room. 5075 offers around 1500 sq ft with central A/C, a sunroom with a wet bar, and a new smooth driveway. Separately metered for gas and electric with baseboard boiler heat and dedicated water heaters, this property provides a fantastic opportunity for multigenerational living, or to generate rental income or occupy 1 side while leasing the other - hello househackers! Projected total LTR market rent is ~$6K/month, or MTR at $7-8K/mo with the new Lutheran Hospital just 5 min away attracting traveling nurses, or go STR with District 4's ONE remaining STR license (as of 4/21). 5075 is currently leased LTR through Feb 2026 (tenant needs 60 days to vacate). Don't miss your chance to invest in this thriving location!
Presented By: West and Main Homes Inc; britt@brittguimond.realtor,970-445-4741

Interior Features for 5075 Simms Pl

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area3296
Air Conditioning Y/NYes
Fireplace Features2+ Fireplaces, Electric
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesWet Bar
Window FeaturesTriple Pane Windows

General for 5075 Simms Pl

AccessibilityNo Stairs
AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer, Disposal
Architectural StyleRanch
Attached Garage Yes
Cap Rate5.51
CityWheat Ridge
Construction MaterialsWood/Frame, Brick/Brick Veneer, Wood Siding, Concrete
CoolingCentral Air, Evaporative Cooling, Ceiling Fan(s)
CountyJefferson
DirectionsPark on road or on 5085 side of the street.
ElectricElectric, Separate Meter Electricity
Elementary SchoolVanderhoof
ExclusionsSeller and tenant's personal property, 5085 den/living room fridge, 5085 deep freezers, security cameras, 2 keyless entry keypads.
Facing DirectionSoutheast
Garage Spaces4
Garage Y/NYes
Gas Y/NNatural Gas, Separate Meter Gas
Gross Income70015
HOANo
HeatingForced Air, Baseboard
High SchoolArvada West
High School DistrictJefferson County R-1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet15246
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolDrake
Net Operating Income57898
New ConstructionNo
Number Of Units Total2
Operating Expense12117
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Structure TypeDuplex
Subdivision NameVista Ridge
Tax Annual Amount4674
Tax Year2024
Tenant PaysGas, Electricity, Water, Exterior Maintenance, Trash Collection
UtilitiesNatural Gas Available, Electricity Available, Cable Available
ViewMountain(s)
Virtual TourClick here
Waterfront Y/NNo
Year Built1980
ZoningR-2 Residential-2

Exterior for 5075 Simms Pl

Building Area Total3296
Covered Spaces4
FencingFenced
Horse Y/NNo
Lot FeaturesGutters, Lawn Sprinkler System, Corner Lot
Lot Size Acres0.35
Lot Size Area15246
Other ParkingParking Per Unit(2 Spaces/Unit)
SpaNo
Water SourceCity Water

Additional Details

Price History

Schools

Middle School Drake Middle School
High School Arvada West High School
Elementary School Vanderhoof Elementary School

Jon Holsten

Price $1,050,000
MLS#2224299
List Date 04/03/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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