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
Waterfront Y/NNo
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
Additional Details
Price History
Schools
Elementary School
Columbine Elementary School
High School
Fort Morgan High School
Middle School
Abner S Baker Middle School
