493 Fulton, Aurora, CO 80010
Local realty services provided by:ERA Shields Real Estate
Listed by: michael hoover
Office: mavi unlimited inc
MLS#:7298038
Source:ML
Price summary
- Price:$945,000
- Price per sq. ft.:$225
About this home
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....
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Home facts
- Year built:1941
- Subdivision & Development:Lowry
- Listing ID #:7298038
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Carpet, Laminate
- Living area:4,200 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Composition
- Year built:1941
- Building area:4,200 sq. ft.
- Construction Materials:Block, Brick
- Exterior Features:Garden
- Levels:2 Story
Schools
- High school:Aurora Central
- Middle school:North
- Elementary school:Fulton
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$945,000
- Price per sq. ft.:$225
- Tax amount:$6,456
Parking
- Garage spaces:4
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