NOT LISTED FOR SALE

16223 County Road 19 Fort Morgan, CO 80701

10 Beds
5 Baths
4,224 Sq Ft
0.5 Acres

Last Sold December 29, 2022

Last sale price $410,000 $97 Per Sq Ft

99 Days on Market

Highlights

  • City View
  • Hot Water Heating System
  • 1-Story Property
  • No HOA
  • High Speed Internet

About This Home

As of December 2022

4 PLEX!!!!! Perfect cash flowing 1031 exchange property!! $4,200 per month income producing Multi family rental located in a diversified agricultural based region approximately an hour Northeast of Denver. 4 plex on large lot located just on the edge of Fort Morgan. 100% capacity & easy to rent. Current tenants are well paying tenants! Recent updates have been completed as well as when the Owners purchased. Recent bathroom updates, some newer kitchen cabinets, counter top & sink in some units. One (1) Morgan County Quality water tap included! Diverse units; Unit A is a 3 bed 2 bath, Unit B is a 2 bed 1 bath, Unit C is a 3 bed 1 bath & Unit D is a 2 bed 1 bath. There is laundry in unit D but it is not shared. Cash flowing opportunity with potential to slightly increase some of the rents.

Last Agent to Sell the Property

Mandy Weichel

Colorado Land Co. LLC Listed on: 08/20/2022

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.5 Acre Lot

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,224 Sq Ft Home
  • 1-Story Property
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Schools

  • Fort Morgan Elementary And Middle School
  • Fort Morgan High School

Utilities

  • Hot Water Heating System
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number 122907400064

Community Details

Overview

  • No Home Owners Association

Building Details

  • Gross Income $4,500
  • Net Operating Income $4,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Unit Levels: One, Bi-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4224
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Some Appliances
  • Has Basement: Full
  • Total Bedrooms: 10
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Hot Water
  • Utilities: Other
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: District Water, MC Quality Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Fort Morgan
  • HighSchool: Fort Morgan
  • Junior High Dist: Fort Morgan RE-3
  • Middle Or Junior School: Fort Morgan

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 21780
  • Parcel #: 122907400064
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2022

Multi Family

  • Annual Gross Income: 4500

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2022 12/31/22 Off Market $410,000 -- --
12/29/2022 12/29/22 Sold $410,000 -2.1% $97 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $419,000 +2.2% $99 / Sq Ft
10/31/2022 10/31/22 Off Market $410,000 -- --
09/21/2022 09/21/22 Price Changed $419,000 -4.6% $99 / Sq Ft
08/20/2022 08/20/22 For Sale $439,000 -- $104 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 973823

IRES MLS

APN: R017316