1508 Tamarac ST Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80220
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Welchs Colfax Ave Sub
MLS Listing ID IR1013366
Style Cottage
Year Built 1932
Annual Tax Amount $2,756
Tax Year 2023
Lot Size 5,662 Sqft
Property Description
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
Location
State CO
County Denver
Zoning E-MS-3
Interior
Heating Baseboard,Forced Air
Cooling Ceiling Fan(s)
Exterior
Fence Partial
Utilities Available Electricity Available,Natural Gas Available
Roof Type Composition
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame,Wood Siding
Schools
Elementary Schools Ashley
Middle Schools Hill
High Schools George Washington
School District Denver 1
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Owner Will Carry,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,Owner Will Carry,VA Loan