1012 State Street Fort Morgan, CO $ 340,000
1012 State Street
$ 340,000
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1012 State Street

Fort Morgan, CO, 80701
$ 340,000
Bedrooms4 Baths2.0 Sq 2,536

Monthly Estimate*

$ 2,260

Listed by Mile High Real Estate LLC
1012 State Street, Fort Morgan, CO 80701 - Image 1
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Multi-Family Home for sale in Fort Morgan, CO

for $340,000 with 4 bedrooms and 2 full baths. This 2,536 square foot home was built in 1908 on a lot size of 0.16.

This is a great investment opportunity for investors looking for steady cash flow and easy maintenance, or individuals looking to live in one unit and rent the other two. The basement unit is left vacant for now in case an owner wants to live in the unit but previously rented for $850/month before new carpet was installed. Upstairs unit has it's own brand new Mini Split Heating and A/C unit. Shared Laundry room. Main level tenant is a long term tenant with a new lease signed through June 2025. Upstairs tenant is on a month to month lease. Owner/Agent sale. Property is being sold as is. Call or text with any questions!

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Multi-Family Active

Price

$ 340,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,145

Style

Triplex

Lot Size

0.16

Year Built

1908

Town/City

Fort Morgan

County/Region

Morgan

MLS | Web ID

2612791

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Other
Roof Architecural Shingle
Appliances Dishwasher Disposal Dryer Oven Refrigerator Washer
Exterior Features Private Yard
Garage Spaces 0
Construction Materials Frame Stucco
Exclusions Tenants Personal Property
Year Built 1908
Tenant Pays Cable TV Internet Telephone
Levels Two
Property SubType Triplex
Tax Year 2023
Percent Ownership Agent Owner
Gross Income 31200
County Morgan
Operating Expense 5674
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Fort Morgan
Status Active
Directions From I-76 take exit 80 onto County Road 52 (Main Street) heading South 0.3 mi turn left (East) onto Fremont Ave 350 ft turn right (South) onto State St 50 ft the property will be on the left (East).
High School Fort Morgan
City Fort Morgan
Buyer Agent Compensation 2.8
Senior Community Y/N N
High School District Fort Morgan RE-3
Lot Size Units Square Feet
Lot Size Square Feet 7000
Carport Spaces 2
Listing Terms 1031 Exchange Cash Conventional
Elementary School Green Acres
Tax Annual Amount 1145
Middle/Junior High School Fort Morgan
Structure Type Triplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Fort Morgan RE-3
Elementary School District Fort Morgan RE-3
Cap Rate 6.27
Buyer Agent Compensation Type %
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Interior
Basement Finished
Flooring Carpet Laminate
Basement (Y/N) Y
Above Grade Finished Area 1576
Laundry Features Common Area
Total Bedrooms 4
Below Grade Finished Area 960
Total Baths 2
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Exterior
Fencing Full
Lot Features Corner Lot Level
Water Source Public
Total Parking 2
Lot Size Area 7000
Building Area Total 2536
Lot Size Acres 0.16
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1012
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* Excluded Features
List By
Mile High Real Estate Llc

Broker

(303) 653-6145

Phone

Affordability Calculator

$2,355
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,260
Monthly Property Taxes
$95
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3043253 Elementary School
3043950 Middle School
Fort Morgan High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$340,000 Listed Price

Map


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1012 State Street, Fort Morgan, CO, 80701 is a Multi-Family Home for sale at $340,000 with 2,536 sqft and a lot size of 0.16. 1012 State Street has 4 bedrooms, 2.0 baths, and was built in 1908. The property's zip code is 80701 which is in Fort Morgan, CO