1508 Tamarac Street, Denver, CO 80220

$590,000
4
BD
3
BA
2,090
SqFt

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Courtesy of A Perfect Location Realty . Kristen@APerfectLocationRealty.com,303-503-9823

List Price
$590,000
Type
Multifamily
Status
ACTIVE
MLS Number
9969430
Finished Sqft
2,090
Above Grade Sqft
1360
Total Sqft
2128
Subdivision
Welchs Colfax Ave
Sub-Area
Welchs Colfax Ave
Year Built
1932

Property Description

Rare opportunity to own a versatile property featuring two separate homes on one lot with desirable E-MS-3 (Urban Edge-Main Street, 3-Story) zoning. This unique property offers exceptional flexibility for residential living, rental income, or potential business/commercial use, subject to buyer verification with the municipality. The main home offers approximately 1728 finished square feet with 3 bedrooms, 2 full bathrooms, a finished basement, and a finished attic/loft that adds valuable living space nor included in sq ft. The loft is currently accessed by a hidden staircase and offers the potential for a spiral staircase to enhance functionality and style. Fresh interior paint and new carpet make the home move-in ready, while additional updates provide an opportunity to personalize and build equity. The generous square footage is a rare find for this area. The detached Accessory Dwelling Unit (ADU)/carriage house is approximately 400 square feet and includes 1 bedroom, 1 bathroom, an efficiency kitchen, and a comfortable living/dining area. The ADU has separate gas and electric meters, private parking, and its own fenced outdoor space, allowing both residences to enjoy privacy and independence. Currently income-producing, it offers excellent potential for rental income, multi-generational living, guest accommodations, or a private home office. Located on a high-visibility corridor, the E-MS-3 zoning provides a variety of potential uses, including residential, office, retail, or mixed-use opportunities, depending on buyer needs and municipal approval. Whether you're looking for a spacious home with rental income, a live/work opportunity, or a property with long-term potential, this one stands out from the rest. Properties with two homes, separate utilities, private outdoor spaces, and flexible zoning are rarely available. Schedule your private showing today and explore the possibilities this exceptional property has to offer.

Additional Information

School District
Denver 1
Elementary School
Ashley
Middle School
Hill
High School
George Washington
Basement
Finished, Partial
Basement Finished
Yes
Lot Size
5,520
Acres
0.13
Taxes
$2,461
Tax Year
2025

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