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.
Sold
$410,000
16223 County Road 19, Fort Morgan, CO 80701
--beds
--baths
4,224sqft
Attached Dwelling, Multi Family
Built in 1970
-- sqft lot
$489,700 Zestimate®
$97/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2024 at 06:54pm
Listed by:
Mandy Weichel 970-370-2660,
Colorado Land Co. LLC
Bought with:
Non-Ires Agent
Non-IRES
Source: IRES,MLS#: 973823

Facts & features
Interior
Heating
- Hot Water
Appliances
- Included: Some Appliances
Features
- High Speed Internet
- Basement: Full
Interior area
- Total structure area: 4,224
- Total interior livable area: 4,224 sqft
Property
Parking
- Details: Parking Per Unit(2 Spaces/Unit)
Features
- Levels: Multi/Split
- Stories: 1
- Has view: Yes
- View description: City
Lot
- Size: 0.50 Acres
Details
- Parcel number: 122907400064
- Zoning: RES
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Attached Dwelling, Multi Family
- Attached to another structure: Yes
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Septic
- Water: District Water, MC Quality Water
- Utilities for property: Other
Community & neighborhood
Location
- Region: Fort Morgan
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 4200
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Paved, Asphalt
Services availability

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