681-685 Fraser Street

Aurora, CO 80011

$975,000
Price
8
Beds
4
Baths
3,331 Sq. Ft.
$293 / Sq. Ft.
3,331
Sq. Ft.
$293
per Sq. Ft.

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....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.
  1. Listed by Shelby Sampson • The Agency - Denver • shelby.sampson@theagencyre.com,303-913-9573

Property Details for 681-685 Fraser Street

Structure Type
Quadruplex
Levels
Multi/Split
Stories
2
Subdivision Name
Chambers Heights 4th Flg
Association
No
Basement
Yes

Location

Listing Courtesy of The Agency - Denver, Shelby Sampson
Add your commute
LISTING UPDATED: 04/23/2024 09:48 PM

Property Details for 681-685 Fraser Street

StatusActive
MLS #3481473
Days on Compass55
Taxes$3,277 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.21 AC / 9,017 SF
CountyArapahoe County

Location

Listing Courtesy of The Agency - Denver, Shelby Sampson
Add your commute

Building Information for 681-685 Fraser Street

Stories-Residences-Year Built1965Building Size-Lot Size0.21 AC / 9,017 SF

Payment Calculator

$5,594 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$273

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 681-685 Fraser Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 3331
  • Sqft Total: 3331
  • Living Area (SqFt Finished): 3331
  • Above Grade Finished Area: 2510
  • Living SqFt: 2510
  • Sq Ft Apx: 821
  • Below Grade Unfinished Area: 0
  • Area Source: Public Records
  • PSF Total: 293
  • PSF Above Grade: 388
  • PSF Finished: 293
  • Master on Main: No
  • Basement: Finished
  • Foundation Details: Slab
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Cooling: Air Conditioning-Room, Evaporative Cooling
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Laundry Features: In Unit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 8
Bathrooms
  • Bathrooms Total: 4
Parking
Parking
  • Attached Garage: No
  • Parking Details: 1.5 Spaces/Unit
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 6
  • Parking Count: 6
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Elkhart
  • Elementary School District: Adams-Arapahoe 28J
  • Middle Or Junior School: East
  • Middle Or Junior School District: Adams-Arapahoe 28J
  • High School: Hinkley
  • High School District: Adams-Arapahoe 28J
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 9017
  • Lot Features: Near Public Transit
  • Fencing: Full
  • Property Exclusions: tenants personal property including washer and dryers
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Brick
  • Roof: Composition
  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Exterior Features: Private Yard
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Electric: Electric, Separate Meter Electricity

Schools near 681-685 Fraser Street

This home is within Adams-Arapahoe 28j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Elkhart Elementary School
PublicPK to 5

East Middle School
Public6 to 8

Hinkley High School
Public9 to 12

Aurora Community School
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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681-685 Fraser Street is a multi-family home for sale in Aurora, CO 80011. This property was listed for sale on March 3, 2024 by The Agency - Denver, it's currently listed at $975,000. This listing's school district is Adams-Arapahoe 28j School District. Nearby schools include Elkhart Elementary School, East Middle School and Hinkley High School. 681-685 Fraser Street is a 8-bed, 4-bath, 3,331 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency - Denver, Shelby Sampson

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.