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… Read More 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. Read Less
Above Grade Finished Area: 4200, Common Walls: "2+ Common Walls", Construction Materials: "Block", "Brick", Levels: "Two", Living Area: 4200, Occupant Type: Owner, Structure Type: "Quadruplex", Total Area: 4200, Unit Count: 0, Built in 1941
Cooling
Cooling: "None"
Disclosures
Exclusions: Tenant's personal property
Exterior Features
Features: "Garden"
Floors
Flooring: "Carpet", "Laminate"
Garage
4 garage spaces
Heating
Heating: "Hot Water"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Livable Structure Count: 0, Out Building Count: 0, Property Sub Type: Quadruplex, Zoning: RES
Roof
Roof: "Composition"
Taxes
Annual Amount: 6456, Legal Description: BEG 1055 FT S & 1300 FT E OF NW COR NE 1/4 TH N 186.28 FT TH W 126 FT TH S 127 FT TH W 5 FT M/L TH S 59.28 FT TH E 126 FT TO BEG SEC 10-4-67, Tax Year: 2025
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