681-685 Fraser Street
Aurora, CO 80011
3331 sqft | 8 beds | 0.21 acres | #3481473
Description
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.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected
- SubdivisionChambers Heights 4th Flg
- Lot DescriptionNear Public Transit
- School DistrictAdams-Arapahoe 28J
- Exterior MaterialsPrivate Yard
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Structure TypeQuadruplex
- BasementFinished
- CountyArapahoe
- Original List Price$975,000
- Property SubtypeQuadplex
- Elementary SchoolElkhart
- High SchoolHinkley
- MLS #3481473
- MLS #3481473
- Utility SourcePublic
- Taxes Annual$3,277
- Cost925000
- Acres0.21
- Square Feet3331
- Year Built1965
- FoundationSlab
- Middle SchoolEast
- Bedrooms8
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Shelby Sampson (#REC55042442)
Listing Office: The Agency - Denver (#RECM4737)
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