Denver, CO 80220 1508 Tamarac St

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Presented By: A Perfect Location Realty; 3036527777
  • MLS# 1013366
  • 07/01/2024
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 3
  • SQFT • 2,416

Home Details

DUPLEX/RESIDENTIAL: Residential Two houses on one lot. Excellent investment property or a use as single family home with charming Accessory Dwelling Unit (ADU). ADU is on separate gas and electric meters great income. Two completely separate units each has own privacy, with fence and separate parking. The main house is in great condition, move in ready and can live in or rent out. 2016 sq feet in the main house + finished attic (not included in sq ft) which is very rare to find a home with this size in the area with an ADU. Some updating included paint, carpet, flooring. With 3 bedrooms, 2 Full bathrooms, a finished attic/loft area. There currently is a hideaway staircase to the loft but potential for a metal spiral staircase for more convenience. There is finished basement in the main house. The ADU is about 400 square feet and is 1 bedroom, 1 bathroom with efficiency kitchen and quaint living/dining room. **Units are separately metered for gas and electric. Both units do share one water tap. ** NOTE: NET OPERATING BASED ON PROFORMA**. Buy as Commercial or Seller will consider a Commercial NNN Lease. COMMERCIAL: RARE ZONING ALLOWS for Business/Commercial and Residential - This is a Prime location with high traffic, ideal for office or retail business. Uses include but are not limited to: Arts, recreation, entertainment, Eating or Drinking establishment, Office, Retail Sales, Service & Repair, Light automotive Vehicle / Equipment Sales, Rentals, Service & Repair, and Home Occupations (Live/work) With two units on one lot, there are several business opportunities*With Two Units - If you purchase you can have front as your main businesses and use back for are apartment rental or rent to a small retail business. Front unit: has 2 private room/offices, large waiting area or store front, kitchen and break room, conference room/or additional space in lower level. Back: Open room and 1 private room, 1 full bath with break room
Presented By: A Perfect Location Realty; 3036527777

Interior Features for 1508 Tamarac St

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementFull, Partially Finished, Daylight
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen, Walk-In Closet(s)

General for 1508 Tamarac St

AccessibilityNear Bus, Accessible Doors, Main Floor Bath
AppliancesElectric Range/Oven, Refrigerator, Washer, Dryer
Architectural StyleCottage/Bung, Ranch
Attached Garage No
Cap Rate6.53
CityDenver
Construction MaterialsWood/Frame, Stucco, Wood Siding
CoolingCeiling Fan(s)
CountyDenver
DirectionsColfax and Tamarac north to property.
ElectricElectric, Separate Meter Electricity, Excel
Elementary SchoolAshley
Facing DirectionWest
Garage Y/NNo
Gas Y/NNatural Gas, Separate Meter Gas, Excel
Gross Income46440
HOANo
HeatingForced Air, Baseboard
High SchoolWashington, George
High School DistrictDenver District 1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet5520
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolHill
Net Operating Income40819
New ConstructionNo
Number Of Units Total2
Operating Expense5621
Other StructuresCarriage House
Patio/Porch FeaturesPatio
Possible UseMulti-Family, Commercial, Commercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories1
Structure TypeDuplex
Subdivision NameWelchs Colfax Ave Sub
Tax Annual Amount2756
Tax Year2023
Tenant PaysGas, Electricity, Water, Sewer, Taxes, Insurance, Interior Maintenance, Common Area Maintenance, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
Waterfront Y/NNo
Year Built1932
ZoningE-MS-3

Exterior for 1508 Tamarac St

Door Features6-Panel Doors
FencingPartial
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Level, Within City Limits
Lot Size Acres0.13
Lot Size Area5520
Other ParkingParking Per Unit(2 Spaces/Unit)
Parking FeaturesAlley Access
Road Frontage TypeCity Street, Alley
Road Surface TypePaved, Asphalt, Concrete
SpaNo
Water SourceCity Water, Denver

Additional Details

Price History

Schools

High School George High School
Middle School Hill Middle School
Elementary School Ashley Elementary School

Jon Holsten

Price $625,000
MLS#1013366
List Date 07/01/2024
Property Type Income
Phone 970.237.2752
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Request Info
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