681 Fraser St Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80011
Key Details
Property Type Single Family Home
Sub Type Income Property
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 false
Abv Grd Liv Area 3,331
Originating Board REcolorado
Year Built 1965
Annual Tax Amount $3,277
Lot Size 9,147 Sqft
Acres 0.21
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
Area Metro Denver
Interior
Heating Forced Air
Cooling Room Air Conditioner,Evaporative Cooling
Fireplaces Type None
Fireplace false
Appliance Dishwasher,Refrigerator,Washer,Dryer,Microwave,Disposal
Exterior
Garage Spaces 6.0
Fence Fenced
Utilities Available Electricity Available
Waterfront false
Roof Type Composition
Porch Patio,Deck
Building
Story 2
Foundation Slab
Sewer City Sewer,Public Sewer
Water City Water
Level or Stories Bi-Level
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Elkhart
Middle Schools East
High Schools Hinkley
School District Adams-Arapahoe 28J
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner