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$725,000
Est. payment /mo
12 Beds
6,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $116
Subdivision Fort Morgan Original Town
MLS Listing ID 9805993
Bedrooms 12
HOA Y/N No
Abv Grd Liv Area 6,200
Year Built 1906
Annual Tax Amount $2,029
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Quadruplex
Source recolorado
Property Description
This four-unit multifamily property located at Fort Morgan offers a compelling opportunity for investors seeking stable asset, with positive cash flow, in a growing regional market. The asset benefits from spacious units and consistent rental demand driven by the area's agricultural, industrial, and service-based employment base. Its manageable size allows for efficient operations while still providing scale beyond single-family rentals. With strong housing demand in the area, the property presents both immediate income and long-term value appreciation.
Location
State CO
County Morgan
Rooms
Basement Unfinished
Interior
Heating Electric, Radiant
Cooling Other
Fireplace N
Exterior
Parking Features Concrete
Roof Type Other
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Sherman
Middle Schools Fort Morgan
High Schools Lincoln
School District Fort Morgan Re-3
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pinnacle Real Estate Advisors
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