681-685 Fraser ST Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80011
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,331 sqft
Price per Sqft $277
Subdivision Chambers Heights 4Th Flg
MLS Listing ID 3481473
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,510
Originating Board recolorado
Year Built 1965
Annual Tax Amount $3,277
Tax Year 2022
Lot Size 9,017 Sqft
Acres 0.21
Property Sub-Type Quadplex
Property 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.
Location
State CO
County Arapahoe
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Air Conditioning-Room,Evaporative Cooling
Flooring Carpet,Laminate
Fireplace Y
Appliance Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Oven,Refrigerator,Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Fence Full
Utilities Available Electricity Connected,Natural Gas Connected
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Lot Description Near Public Transit
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
Structure Type Brick
Schools
Elementary Schools Elkhart
Middle Schools East
High Schools Hinkley
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional,Jumbo,USDA Loan,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,Jumbo,USDA Loan,VA Loan
Special Listing Condition None