681-685 Fraser Street, Aurora

Introducing a remarkable turn-key investment opportunity, fully occupied with leases going through 2024 and 2025. 5.67% Cap Rate! With its traditional design and legal zoning, this property is truly passive investment, including four, 2-bedroom, 1 bath units.
This quadplex promises not only a comfortable living space but also a lucrative investment opportunity. Don't miss out on this chance to secure a valuable asset in a prime location, offering both immediate returns and long-term appreciation. Don't miss out on making this your next successful investment. The property has been well maintained by Atlas Property Management. There is a utility chargeback to tenants to cover water, sewer, and trash. Multifamily properties are RARE in this neighborhood and subdivision. Take advantage of this excellent investment opportunity! Across from Buckley Space Force Base (Formally Buckley Air Force Base) and quick access to the highway towards Downtown, Denver Tech Center, and the Aurora Mall and Shopping Centers.

The Agency - Denver.

Essential Information

MLS® #3481473

Price$975,000

Bedrooms8

Bathrooms4.00

Square Footage3,331

Acres0.21

Year Built1965

TypeIncome

Sub-TypeQuadplex

StatusActive

Community Information

Address681-685 Fraser Street

SubdivisionChambers Heights 4th Flg

CityAurora

CountyArapahoe

StateCO

Zip Code80011

Utilities

Electricity Connected, Natural Gas Connected

Interior

HeatingForced Air

StoriesMulti/Split

Has BasementYes

BasementFinished

Appliances

Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer

Cooling

Air Conditioning-Room, Evaporative Cooling

Exterior

Exterior FeaturesPrivate Yard

Lot DescriptionNear Public Transit

RoofComposition

FoundationSlab

School Information

DistrictAdams-Arapahoe 28J

ElementaryElkhart

MiddleEast

HighHinkley

Additional Information

Date ListedMarch 3rd, 2024

Parking Spaces6

Listing Details

The Agency - Denver

Properties for Sale Similar to 681-685 Fraser Street, Aurora, CO

16505 E 13th Avenue, Aurora

$1,200,000 - 12 Beds, 8 Baths, 6,480 Sf

MLS® # 8423753

Office: MARILYN POWELL
Status: Active
MLS© #: 8423753