Fort Morgan, CO 80701 101 Lowell Pl
$2,596,000
Presented By: Newmark Real Estate Company; newmark11@mindspring.com,303-428-1907
Beds • 8
Baths • 4
SQFT • 3,264
Garage • 16
Home Details
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.
Presented By: Newmark Real Estate Company; newmark11@mindspring.com,303-428-1907
Interior Features for 101 Lowell Pl
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area1632
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
General for 101 Lowell Pl
AccessibilityLevel Lot
AppliancesDishwasher, Refrigerator
Architectural StyleContemporary/Modern
Attached Garage No
CityFort Morgan
Construction MaterialsWood/Frame, Brick/Brick Veneer, Stucco, Concrete
CountyMorgan
ElectricElectric
Elementary SchoolColumbine
ExclusionsTenants personal property.
Garage Spaces16
Garage Y/NYes
Gross Income181695
HOANo
HeatingRadiant
High SchoolFort Morgan
High School DistrictFort Morgan RE-3
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet22186
Lot Size UnitsSquare Feet
MLS AreaMorgan
Middle/Junior High SchoolAbner S Baker
Net Operating Income98695
New ConstructionNo
Number Of Units Total4
Operating Expense83000
Patio/Porch FeaturesPatio, Deck
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameTomky
Tax Annual Amount2340
Tax Year2023
Tenant PaysElectricity
UtilitiesElectricity Available, Cable Available
Year Built1980
Exterior for 101 Lowell Pl
Building Area Total3264
Covered Spaces16
FencingPartial
Horse Y/NNo
Lot FeaturesCul-De-Sac, Level
Lot Size Acres0.51
Lot Size Area22186
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Columbine Elementary School
High School
Fort Morgan High School
Middle School
Abner S Baker Middle School
