Listed by Pinnacle Real Estate Advisors
$895,000
1570 Tamarac Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,898
Units 4
Cap Rate 6.23%
NOI $55,759
Pro-Forma Cap Rate 6.33%
Pro-Forma NOI $56,695
Price per SqFt $230
Year Built 1965
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.140
PRICE REDUCED! 4-Plex in Denver; All Large 2-Bed Units
Marketing description
PRICE REDUCED by $50,000! This well-maintained four-plex in Denver features four oversized 2 Bed / 1 Bath units, offering strong rental appeal and comfortable living spaces. The property delivers a 6.23% current CAP rate, providing immediate cash flow. Ideal for both investors seeking stable income and owner-occupants looking to offset their mortgage.
Investment highlights
- $50,000 Price Reduction
- Well Maintained 4-Plex that Offers Investment Opportunity or Owner Occupied Investment
- (4) Large, 2 Bed 1 Bath Units
- Ability to Obtain Residential Financing
- Highly Desirable Location Nearby Community College of Aurora - Lowry Campus and Stanley Marketplace
- Two Car Garage Plus Additional Off-Street Parking Spaces
- Opportunity to Combine Two Units into One Large 4Bd/2Ba Unit
Listing Contacts
Listed by Pinnacle Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,759.00
$4,646.58/mo
Valuation Metrics
0
DSCR
6.23%
Cap Rate
6.23%
ROI
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