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1555 N Tamarac Denver, CO 80220
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Key Details
Sold Price $775,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,480 sqft
Subdivision East Colfax
MLS Listing ID IRE6114843
Sold Date 01/20/26
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
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