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Fort Morgan,CO 80701
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,264 sqft
Price per Sqft $795
Subdivision Tomky
MLS Listing ID 5322788
Style Contemporary
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 1,632
Originating Board recolorado
Year Built 1980
Annual Tax Amount $2,340
Tax Year 2023
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Quadplex
Property Description
Rare Investment opportunity: 4 Four-Unit Buildings in Fort Morgan, CO: 101, 102, 109, & 110 Lowell Place Fort Morgan, CO 80701. Take advantage of this rare opportunity to invest in four income operating buildings, being sold together. Each building features 4 spacious rental units., offering a total of 16 units across all 4 buildings. With attractive amenities and consistent income potential, these buildings are a solid addition to any investment portfolio. Property Highlights: Four Buildings, each with 4 units. (2 main floor & 2 upper-level units per building). Each unit has 2 bedrooms, 1 full bath. Ample street parking and 2 storage sheds. New windows in 2008, all units had new stucco in 2009, new gutters and roof with high impact class 4 shingles in 2012, and fence in 2014. Includes 16 stoves, refrigerators, dishwashers, and hot water heaters. Each apartment has own electric meter.
Location
State CO
County Morgan
Interior
Heating Electric,Radiant
Cooling None
Flooring Carpet,Tile,Vinyl
Fireplace N
Appliance Dishwasher,Range,Range Hood,Refrigerator
Laundry In Unit,Laundry Closet
Exterior
Fence Partial
Utilities Available Cable Available,Electricity Connected
Roof Type Composition
Total Parking Spaces 16
Garage No
Building
Lot Description Cul-De-Sac,Level
Foundation Concrete Perimeter
Sewer Public Sewer
Level or Stories Two
Structure Type Brick,Frame,Stucco
Schools
Elementary Schools Columbine
Middle Schools Abner S Baker
High Schools Fort Morgan
School District Fort Morgan Re-3
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None