Homes for sale - 1508 Tamarac ST, Denver, CO 80220

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Bonnie Schwam

bonnie@bonniesellscolorado.com +1(719) 651-2916

$625,000

Est. payment - /mo

5,662 Sqft Lot

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UPDATED:

09/24/2024 03:41 PM

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

HOA Y/N No

Originating Board recolorado

Year Built 1932

Annual Tax Amount $2,756

Tax Year 2023

Lot Size 5,662 Sqft

Acres 0.13

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

Rooms

Basement Daylight, Full

Interior

Interior Features Eat-in Kitchen, Walk-In Closet(s)

Heating Baseboard, Forced Air

Cooling Ceiling Fan(s)

Fireplace N

Appliance Dryer, Oven, Refrigerator, Washer

Exterior

Fence Partial

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Stucco,Wood Frame,Wood Siding

Schools

Elementary Schools Ashley

Middle Schools Hill

High Schools George Washington

School District Denver 1

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Owner Will Carry, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Owner Will Carry, VA Loan

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Listed by A Perfect Location Realty • 3036527777

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Bonnie Schwam

+1(719) 651-2916

Broker Associate

1508 Tamarac ST Denver, CO 80220

Bonnie Schwam

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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