681-685 Fraser Street Aurora, CO 80011
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 TypeMulti-Family
- NeighborhoodChambers Heights 4th Flg
- CountyArapahoe
- Taxes$3,277
- HOA/Condo/Coop Fees$0
- Days on Site80 Days
- MLS StatusActive
- MLS ID Number3481473
- Home Size Source Public Records
- Year Built1965
- Lot Size0.21 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking Spaces 6
- Sewer Public Sewer
- Basement Finished
- Number of Stories Multi/Split
- Acreage 0.21
- Water Public
- Security Carbon Monoxide Detector(s)Smoke Detector(s)
- Property Sub Type Quadruplex
- Garage Spaces 0
- Attached Garage No
- Utilities Electricity ConnectedNatural Gas Connected
- Foundation Slab
Interior Features
- Cooling Air Conditioning- RoomEvaporative Cooling
- Heating Forced Air
- Appliances DishwasherDisposalDryerGas Water HeaterMicrowaveOvenRefrigeratorWasher
- Flooring CarpetLaminate
- Fireplaces 0
- Laundry Features In Unit
- Fireplace No
Exterior Features
- Roof Composition
- Fencing Full
- Spa No
- Waterfront Property No
- Exterior Private Yard
- Lot Near Public Transit
- Patio And Porch DeckFront PorchPatio
Community Features
- Senior Community No
- Security Features Carbon Monoxide Detector(s)Smoke Detector(s)