CO > Denver > East Colfax
Denver, CO 80220,1555 N Tamarac
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Denver, CO 80220,1555 N Tamarac
Denver, CO 80220,1555 N Tamarac
Denver, CO 80220,1555 N Tamarac
Denver, CO 80220,1555 N Tamarac
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Dave Fish

Dave Fish

+1(303) 818-3413
$ 850,000
Est. payment /mo
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Pending

1555 N Tamarac Denver, CO 80220

8 Beds

4 Baths

3,480 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 3,480 sqft

Subdivision East Colfax

MLS Listing ID IRE6114843

Bedrooms 8

HOA Y/N No

Year Built 1951

Annual Tax Amount $3,954

Tax Year 2024

Lot Size 6230.000 Acres

Acres 6230.0

Source ires

Property Description

The Unique Apartment group is please to present 1555-1557 Tamarac St in East Denver. The property consists of four (4) renovated two (2) bedroom one (1) bathroom units, with two on the upper level and two on the garden level improvements include updated kitchens (countertops, cabinetry, appliances), flooring, paint, bathroom finishes, rock landscaping, and new concrete sidewalks. An additional two-bay garage is currently leased for storage, providing supplemental income. The property is supported by strong proforma assumptions that reflect realistic figures for market rent and expense figures, offering a clear path to increased cash flows with minimal capital outlay. This asset is well-suited for any investor seeking stabilized cash flows or an owner-occupant seeking to "house hack" by living in one unit and renting the others, potentially covering mortgage payments with a favorable residential (FHA) loan. The property is located near major East Denver community amenities including Stanley Marketplace, Central Park (formerly Stapleton), and Lowry Park; as well as major employment centers such as UCHealth Anschutz Medical Campus, Rose Medical Center, and Denver International Airport (DIA). Additionally, the East Colfax corridor and I-70 provide convenient access to the rest of the Denver metro area, while nearby neighborhoods such as Hale, Hilltop, Park Hill, and Lowry support long term rental demand and value appreciation.

Location

State CO

County Denver

Community East Colfax

Area Metro Denver

Zoning E-TH-2.5

Interior

Heating Forced Air

Appliance Dishwasher, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Fence Fenced

Community Features Community Laundry

Utilities Available Electricity Available, Master Meter-Electric, Master Meter-Gas

View Y/N No

Roof Type Fiberglass

Garage Yes

Building

Lot Description Level

Sewer Public Sewer

Water City

Level or Stories Bi-Level

Structure Type Brick

New Construction false

Schools

Elementary Schools Ashley

Middle Schools Hill

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, FHA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Philip Dankner
Dave Fish

Dave Fish

+1(303) 818-3413

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