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$ 725,000
Est. payment /mo
New
404 State ST Fort Morgan, CO 80701
12 Beds
7 Baths
6,200 SqFt
UPDATED:
Key Details
Property Type Other Types
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
Year Built 1906
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Quadruplex
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
Exterior
Roof Type Other
Private Pool No
Building
Story Two
Sewer Public Sewer
Schools
School District Elementary: Fort Morgan Re-3, Middle/Junior: Fort Morgan Re-3, High: Fort Morgan Re-3
Others
Senior Community No
Tax ID 122906411014
Special Listing Condition None Known
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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 byPinnacle Real Estate Advisors
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