1555 N Tamarac St, Denver, CO 80220

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.