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16223 County Road 19

Fort Morgan, CO 80701
  • $419,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 973823
UPDATED: 31 min ago
$419,000
  • 10
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,224
    SQFT
  • $99
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2022-11-27T10:41:56.367.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.discovercoloradohomes.net/homes/132328699
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16223 County Road 19 Fort Morgan, CO 80701

  • Price: $419,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 31 min ago
  • MLS #: 973823
10
Beds
0
Baths
0
½ Baths
0.5
Acres
4,224
SQFT
$99
$/SQFT
1970
Built
Neighborhood:
None
County:
Morgan
Area:
14 Morgan County (all)
Elementary School:
Fort Morgan
Middle School:
Fort Morgan
High School:
Fort Morgan
School District:
Fort Morgan RE-3
Property Description
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.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Horse YN No Levels Bi-Level Other Parking Parking Per Unit(2 Spaces/Unit) Property Attached YN Yes Road Surface Type PavedAsphalt Roof Composition Spa YN No View City Waterfront YN No

Interior Features

Appliances Some Appliances Basement Full Heating Hot Water Heating YN Yes Interior Features High Speed Internet Living Area Source Assessor Unit1 Bedrooms 3 Unit1 Total Baths 2 Unit2 Bedrooms 2 Unit2 Total Baths 1 Unit3 Bedrooms 3 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Total Baths 1

Property Features

Association YN No Cap Rate 1.07 Ditches Active YN No Exclusions All Of Tenants Personal Property. Gross Income 4500 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Fort Morgan Net Operating Income 4500 New Construction YN No Operating Expense 0 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Sewer Septic Special Listing Conditions Private Owner Tax Year 2022 Tenant Pays Deposit Unit1 Rent 1200 Unit2 Rent 900 Unit3 Rent 1100 Unit4 Rent 1000 Utilities Other Water Source District WaterMc Quality Water Zoning Res

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Mandy Weichel of Colorado Land Co. Llc: 9703702660.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2022-11-27T10:41:56.367.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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