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Angela Geiger

whiterabbit4234@gmail.com +1(303) 974-8960

$945,000

Est. payment - /mo

8 Beds

4 Baths

4,200 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $225

Subdivision Lowry

MLS Listing ID 7298038

Bedrooms 8

HOA Y/N No

Year Built 1941

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Quadruplex

Property Description

Prime development opportunity with owner occupied potential in the heart of Aurora! Positioned on an expansive 0.54-acre parcel (23,522 square feet), 493 Fulton St is a nicely updated, currently occupied residential fourplex that also represents a blank canvas for forward-thinking builders, developers, or long-term land-banking investors looking to capitalize on Aurora's massive trajectory. It offers an exceptionally rare large footprint size that is virtually impossible to assemble in established residential neighborhoods today.

Location is everything, and this lot boasts an enviable position surrounded by premier Denver-metro hotspots. Future residents will enjoy immediate proximity to the burgeoning Anschutz Medical Campus (Home to the University of Colorado, Children's Hospital, and the Veterans Affairs hospital) just a few miles away, making it a high-demand node for healthcare professionals, researchers, and students. The property sits just a two-minute drive from the vibrant Lowry neighborhood and the bustling Stanley Marketplace, offering instant access to trendy local eateries, boutique retail shops, community events, and dynamic makerspaces. Additionally, outdoor recreation and urban amenities are easily accessible with the nearby CommonGround Golf Course, Lowry Park, and the bustling shopping hubs along Havana Street.

The flexible R2 zoning opens the door for premium future redevelopment, making it the perfect site for an ambitious new construction project. Builders can look into the feasibility of higher-density concepts, multiple detached single-family builds, or innovative multi-unit configurations. The current zoning implies opportunities for either 6-10 individual townhomes or 12-16 apartments, subject to city approval.

For buyers seeking a creative exit or an entry-level investment strategy, a unique owner-occupant scenario also awaits.

Location

State CO

County Arapahoe

Zoning RES

Interior

Interior Features Breakfast Nook, Ceiling Fan(s), Smoke Free, Stone Counters

Heating Hot Water

Cooling None

Flooring Carpet, Laminate

Exterior

Exterior Feature Garden

Parking Features Detached, Garage

Garage Spaces 4.0

Roof Type Composition

Private Pool No

Building

Story Two

Sewer Public Sewer

Schools

School District Elementary: Adams-Arapahoe 28J, Middle/Junior: Adams-Arapahoe 28J, High: Adams-Arapahoe 28J

Others

Senior Community No

Tax ID 033345649

Special Listing Condition None Known

Virtual Tour https://www.virtuance.com/listing/493-fulton-st-aurora-colorado

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Listed byMavi Unlimited Inc

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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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493 Fulton ST Aurora, CO 80010