CO > Denver > East Colfax
Denver, CO 80220,1555 E Tamarac St
Denver, CO 80220,1555 E Tamarac St
Denver, CO 80220,1555 E Tamarac St
Denver, CO 80220,1555 E Tamarac St
Denver, CO 80220,1555 E Tamarac St
Denver, CO 80220,1555 E Tamarac St
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MODUS Real Estate

MODUS Real Estate

+1(303) 229-6582
$ 850,000
Est. payment | /mo

8 Beds

4 Baths

3,480 SqFt

Save
$ 850,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,480 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Subdivision East Colfax

MLS Listing ID 6114843

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 3,480

Year Built 1951

Annual Tax Amount $3,954

Lot Size 6230.000 Acres

Acres 6230.0

Property Sub-Type Income Property

Source REcolorado

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

Area Metro Denver

Zoning E-TH-2.5

Interior

Heating Forced Air

Appliance Dishwasher, Refrigerator, Washer, Dryer

Laundry Common Area

Exterior

Garage Spaces 2.0

Fence Fenced

Utilities Available Electricity Available

Roof Type Fiberglass

Handicap Access Level Lot

Building

Lot Description Level

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Bi-Level

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Ashley

Middle Schools Hill

High Schools George Washington

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Philip Dankner • Unique Properties LLC • [email protected],303-321-5888

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MODUS Real Estate

MODUS Real Estate

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+1(303) 229-6582

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1555 E Tamarac St