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681-685 Fraser Street

Aurora, CO 80011
  • $925,000
  • STATUS: Active
  • ON SITE: 411 Days
  • ID#: 3481473
UPDATED: 51 min ago
$925,000
  • 8
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,331
    SQFT
  • $278
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by The Agency - Denver.

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.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team | Re/Max Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.yourdenverhomesource.com/homes/148232709
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681-685 Fraser Street Aurora, CO 80011

  • Price: $925,000
  • Status: Active
  • On Site: 411 Days
  • Updated: 51 min ago
  • ID#: 3481473
8
Beds
0
Baths
0
½ Baths
0.21
Acres
3,331
SQFT
$278
$/SQFT
1965
Built
Neighborhood:
Chambers Heights 4Th Flg
County:
Arapahoe
Area:
Aurora
Elementary School:
Elkhart
Middle School:
East
High School:
Hinkley
School District:
Adams-Arapahoe 28J
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.
Exterior Features

Attached Garage YN No Carport Spaces 0 Construction Materials Brick Exterior Features Private Yard Fencing Full Foundation Details Slab Lot Features Near Public Transit Lot Size Area 9017 Offstreet Spaces 6 Parking Total 6 Patio And Porch Features DeckFront PorchPatio Roof Composition Rv Spaces 0 Structure Type Quadruplex

Interior Features

Above Grade Finished Area 2510 Appliances DishwasherDisposalDryerGas Water HeaterMicrowaveOvenRefrigeratorWasher Basement Finished Basement YN Yes Below Grade Finished Area 821 Common Walls 1 Common Wall2+ Common Walls Cooling Air Conditioning-RoomEvaporative Cooling Fireplaces Total 0 Flooring CarpetLaminate Heating Forced Air Laundry Features In Unit Levels Multi/Split

Property Features

Actual Annual Net Income 51220.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Comparable Listing YN No Exclusions tenants personal property including washer and dryers Gross Income 74175 Listing Terms 1031 ExchangeCashConventionalJumboUSDA LoanVA Loan Living Area Sq Ft 3331 Operating Expense 22955 Operating Expense Includes MaintenanceProfessional ManagementUtilities Owner Pays GasTrash CollectionWater Ownership Individual Property Attached YN Yes Property Sub Type Quadplex Restrictions Covenants YN No Road Responsibility Public Maintained Road Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3277 Tax Legal Description LOT 9 BLK 2 CHAMBERS HTS 4TH FLG Tax Year 2022 Tenant Pays Electricity Utilities Electricity ConnectedNatural Gas Connected Water Source Public

REcolorado logo Listing courtesy of The Agency - Denver:shelby.sampson@theagencyre.com,303-913-9573. MLS #3481473


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team | Re/Max Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The Griffith Home Team | Re/Max Professionals
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REcolorado logo Offered by The Agency - Denver.