$2,596,000
For Sale

101 Lowell Place

Fort Morgan, CO 80701
3264 sqft | 8 beds | 0.51 acres | #5322788
Listing OfficeNEWMARK REAL ESTATE COMPANY
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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.

  • Property Details
      • Utility FeaturesCable Available, Electricity Connected
      • FoundationConcrete Perimeter
      • Lot DescriptionCul-De-Sac, Level
      • School DistrictFort Morgan RE-3
      • Middle SchoolAbner S Baker
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • High SchoolFort Morgan
      • Original List Price$2,596,000
      • Structure TypeQuadruplex
      • Elementary SchoolColumbine
      • Property SubtypeQuadplex
      • MLS #5322788
      • Cost2596000
      • MLS #5322788
      • CountyMorgan
      • Taxes Annual$2,340
      • SubdivisionTomky
      • Acres0.51
      • Square Feet3264
      • Year Built1980
      • Bedrooms8

Location

Hanover CommercialReal Estate Group

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