101 Lowell Place Fort Morgan, CO $ 649,000
101 Lowell Place
$ 649,000
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101 Lowell Place

Fort Morgan, CO, 80701
$ 649,000
Bedrooms8 Baths4.0 Sq 3,264

Monthly Estimate*

$ 4,049

Listed by Newmark Real Estate Company
101 Lowell Place, Fort Morgan, CO 80701 - Image 1

Multi-Family Home for sale in Fort Morgan, CO

for $649,000 with 8 bedrooms and 4 full baths. This 3,264 square foot home was built in 1980 on a lot size of 0.51.

Rare Investment Opportunity: 4 Unit Apartment Building in Fort Morgan Colorado. Take advantage of is rare opportunity to invest in an income operating building, or buy the building and live in one of the units (Subject to the current Tenant rights), and rent out the remaining units as income. This building features 4 spacious rental units. Attractive amenities and consistent income potential. This building would be a solid addition to any investment portfolio. There are 2 lower level units and 2 upper level units. Each unit has 2 bedrooms and 1 full bathroom. New windows in 2008, new stucco in 2009, new gutters and roof with high impact class 4 shingles in 2012. Includes 4 Stoves, 4 Refrigerators, 4 dishwashers and 4 hot water heaters. Contact listing agent to schedule a showing.

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Multi-Family Active

Price

$ 649,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,308

Style

Traditional

Lot Size

0.51

Year Built

1980

Town/City

Fort Morgan

County/Region

Morgan

MLS | Web ID

8019844

Features
General
Sewer Public Sewer
Heating Baseboard Electric Radiant
Cooling None
Possession Subject To Tenant Rights
Roof Composition
Appliances Dishwasher Range Range Hood Refrigerator
Garage Spaces 0
Architectural Style Traditional
Construction Materials Brick Frame Stucco
Exclusions Tenant's personal property.
Year Built 1980
Electric 220 Volts
Tenant Pays Cable TV Electricity Telephone
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Individual
Gross Income 45000
County Morgan
Operating Expense 16984
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Tomky
Status Active
High School Fort Morgan
City Fort Morgan
Senior Community Y/N N
High School District Fort Morgan RE-3
Lot Size Units Square Feet
Lot Size Square Feet 22186
Carport Spaces 0
Listing Terms Cash Conventional FHA
Elementary School Columbine
Tax Annual Amount 2308
Middle/Junior High School Abner S Baker
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Fort Morgan RE-3
Elementary School District Fort Morgan RE-3
Cap Rate 4.3
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Exterior
Exterior Amenities Balcony
Fencing Partial
Parking Features Asphalt
Lot Features Cul-De-Sac Level
Water Source Public
Total Parking 5
Lot Size Area 22186
Building Area Total 3264
Lot Size Acres 0.51
Road Responsibility Public Maintained Road
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Interior
Flooring Carpet Linoleum
Basement (Y/N) N
Above Grade Finished Area 3264
Total Bedrooms 8
Total Baths 4
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Newmark Real Estate Company

Broker

(303) 428-1907

Phone

Affordability Calculator

$4,241
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,049
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
3043924 Elementary School
5334676 Middle School
Fort Morgan High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2025$649,000 Listed Price

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101 Lowell Place, Fort Morgan, CO, 80701 is a Multi-Family Home for sale at $649,000 with 3,264 sqft and a lot size of 0.51. 101 Lowell Place has 8 bedrooms, 4.0 baths, and was built in 1980. The property's zip code is 80701 which is in Fort Morgan, CO