681-685 Fraser Street, Aurora

$975,000

8 Beds
4 Baths
3,331 Sqft
.21 Acres
0 Garages

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.

Essential Information
MLS® #3481473
Price$975,000
Bedrooms8
Bathrooms4.00
Square Footage3,331
Acres0.21
Year Built1965
TypeResidential Income
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
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
OfficeThe Agency - Denver
LISTING MAP

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