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… Read More 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. Read Less
Courtesy of Philip Dankner, Unique Properties LLC, [email protected],303-321-5888.
Listing Snapshot
Days Online
7
Last Updated
Property Type
Income Property
Square Ft.
3,480
Lot Size
6230 Acres
Year Built
1951
MLS Number
6114843
30 Days Snapshot Of 80220
$844k
+28%
(avg) sold price
41
+24%
homes sold
50
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Dishwasher", "Refrigerator", "Washer", "Dryer"
Building
3480 total sqft, Living Area: 3480, Above Grade Finished Area: 3480, Building Area Total: 3480, Construction Materials: "Brick/Brick Veneer", Levels: "Bi-Level", Stories: 2, Year Built: 1951
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.
