101 Lowell Place Fort Morgan, CO 80701
Estimated payment $14,409/month
Highlights
- Deck
- No HOA
- Patio
- Contemporary Architecture
- Cul-De-Sac
- 1-minute walk to Brenda Joy Park Pump Track
About This Home
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.
Listing Agent
Newmark Real Estate Company Brokerage Email: newmark11@mindspring.com,303-428-1907 License #001314749 Listed on: 02/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,340
Year Built
- Built in 1980
Lot Details
- 0.51 Acre Lot
- Two or More Common Walls
- Cul-De-Sac
- Partially Fenced Property
- Level Lot
Parking
- 16 Parking Spaces
Home Design
- Contemporary Architecture
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,264 Sq Ft Home
- 2-Story Property
- Laundry closet
Kitchen
- Range with Range Hood
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Deck
- Patio
Schools
- Columbine Elementary School
- Abner S Baker Middle School
- Fort Morgan High School
Utilities
- No Cooling
- Radiant Heating System
- 220 Volts
- Cable TV Available
Listing and Financial Details
- Exclusions: Tenants personal property.
- The owner pays for insurance, taxes, trash collection, water
- Assessor Parcel Number 122712101002
Community Details
Overview
- No Home Owners Association
- Tomky Subdivision
Building Details
- Operating Expense $83,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | For Sale | $2,596,000 | +120.0% | $795 / Sq Ft |
| 01/28/2019 01/28/19 | Off Market | $1,180,000 | -- | -- |
| 03/30/2016 03/30/16 | Sold | $1,180,000 | 0.0% | $90 / Sq Ft |
| 02/29/2016 02/29/16 | Pending | -- | -- | -- |
| 09/25/2014 09/25/14 | For Sale | $1,180,000 | -- | $90 / Sq Ft |
Source: REcolorado®
MLS Number: 5322788
APN: R006305
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