Jennie Lee
BEDS12
BATHS7
SQUARE FEET6,200
MLS#9805993
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFort Morgan Original Town
SCHOOLFort Morgan RE-3
Listing Courtesy of:
Pinnacle Real Estate Advisors
Agency Contact: amonette@pinnaclerea.com,714-330-1436
Property Description
This four-unit multifamily property located at Fort Morgan offers a compelling opportunity for investors seeking stable asset, with positive cash flow, in a growing regional market. The asset benefits from spacious units and consistent rental demand driven by the areas agricultural, industrial, and service-based employment base. Its manageable size allows for efficient operations while still providing scale beyond single-family rentals. With strong housing demand in the area, the property presents both immediate income and long-term value appreciation.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Cooling: Other
Heating: Electric, Radiant
Lot Size: 0.21 Acres
Roof Type: Other
Stories: 2.0
Taxes: $2,029
Year Built: 1906
Feature Descriptions
Baths Total: 7
Days on Site: 54
Exclusions: Tenants personal property.
Exterior: Frame
Parcel#: 122906411014
Parking: Concrete
Parking Notes: Concrete
Sewer: Public Sewer
Local Schools
High School: Lincoln
Middle School: Fort Morgan
Elementary School: Sherman
School District: Fort Morgan RE-3
Listed By / Shown By
Listed By
Agency Name: Pinnacle Real Estate Advisors
Agency Contact: amonette@pinnaclerea.com,714-330-1436
Shown By
Agent Name: Jennie Lee
Agent Phone: (303) 870-0411
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 4,056.05 per month $3,669.67 Principal & Interest $169.08 Property Tax $217.29 Homeowner's InsuranceChange Payment Information
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404 State Street | MLS# 9805993
This multi-family property located at 404 State Street, Fort Morgan, CO 80701 is currently listed for sale with an asking price of $745,000. State Street is located within the Fort Morgan RE-3 school district. Search Fort Morgan real estate on jennie.thecuttingedgerealtors.com today.