Homes for sale - 1555-1557 E Tamarac ST, Denver, CO 80220

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Seth Williams

seth@castlecoach.com +1(303) 994-9799

$ 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 Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $244

Subdivision East Colfax

MLS Listing ID 6114843

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,480

Year Built 1951

Annual Tax Amount $3,954

Tax Year 2024

Lot Size 6230.000 Acres

Acres 6230.0

Property Sub-Type Quadruplex

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

Zoning E-TH-2.5

Interior

Heating Forced Air

Cooling None, Other

Fireplace N

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Laundry Common Area

Exterior

Garage Spaces 2.0

Fence Full

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Brick

Schools

Elementary Schools Ashley

Middle Schools Hill

High Schools George Washington

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition None

Listed by Unique Properties LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(303) 994-9799

seth@castlecoach.com

7200 S. Alton Way STE B-200, CENTENNIAL, Colorado, 80112, USA

1555-1557 E Tamarac ST Denver, CO 80220