323 Circle DR new to site

Fort Morgan,CO 80701

$ 1398000

8 Beds

6 Baths

3840 SqFt


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

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