5075 Simms Place

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 4/2). 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!