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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 3,840 sqft
Price per Sqft $364
Subdivision Landmark & Trimen Minor Sub Plat Lot
MLS Listing ID 7637025
Style Contemporary
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,840
Originating Board recolorado
Year Built 2000
Annual Tax Amount $3,422
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Quadplex
Property Description
Rare Investment Opportunity: Two Four-Unit Buildings in Fort Morgan, CO
Addresses:
• 323 Circle Drive, Fort Morgan, CO 80701
• 325 Circle Drive, Fort Morgan, CO 80701
Take advantage of this rare opportunity to invest in two income-generating buildings, being sold together. Each building features 4 spacious rental units, offering a total of 8 units across both properties. With attractive amenities and consistent income potential, these buildings are a solid addition to any investment portfolio.
Property Highlights:
• Two buildings, each with 4 units (2 main floor & 2 upper-level units per building).
• Modern open floor plans with plenty of natural light.
• Central air conditioning and newer vinyl windows in each unit.
• Each unit boasts a full bath with a tiled shower and a master bedroom with a half bath.
• Skylights in upper units and hallways for additional brightness.
• Walk-out balconies for second-floor units and concrete patios for main-floor units.
• Additional income from on-site coin-operated laundry machines.
• 2 reserved parking spots per unit.
Included in Sale:
• (8) Ranges
• (8) Refrigerators
• (4) Coin-operated washing machines
• (4) Coin-operated dryers
This well-maintained property is perfect for investors looking to add a reliable, income-producing asset in a thriving community. Don't miss out on this exceptional opportunity!
Location
State CO
County Morgan
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Linoleum,Vinyl
Fireplace N
Appliance Range,Range Hood,Refrigerator
Laundry Common Area
Exterior
Exterior Feature Balcony
Fence None
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected
Roof Type Composition
Total Parking Spaces 16
Garage No
Building
Lot Description Level,Sprinklers In Front
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Pioneer
Middle Schools Fort Morgan
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