$410,000
$419,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 12/29/2022
Key Details
Sold Price $410,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IR973823
Sold Date 12/29/22
HOA Y/N No
Originating Board recolorado
Year Built 1970
Tax Year 2022
Lot Size 0.500 Acres
Acres 0.5
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.
Location
State CO
County Morgan
Zoning RES
Rooms
Basement Full
Interior
Heating Hot Water
Fireplace N
Exterior
Utilities Available Internet Access (Wired)
View City
Roof Type Composition
Building
Story One, Split Entry (Bi-Level)
Sewer Septic Tank
Water Public
Level or Stories One, Split Entry (Bi-Level)
Structure Type Wood Frame
Schools
Elementary Schools Other
Middle Schools Fort Morgan
High Schools Fort Morgan
School District Fort Morgan Re-3
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Bought with CO-OP Non-IRES
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