404 State ST, Fort Morgan, CO 80701
404 State ST, Fort Morgan, CO 80701
404 State ST, Fort Morgan, CO 80701
404 State ST, Fort Morgan, CO 80701
404 State ST, Fort Morgan, CO 80701
404 State ST, Fort Morgan, CO 80701
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Alex Tooke + Derek Weber

Alex Tooke + Derek Weber

The Alex & Derek Team

+1(303) 339-3543
$ 795,000
Est. payment | /mo

12 Beds

7 Baths

6,200 SqFt


Save
$ 795,000
Est. payment | /mo
Save

12 Beds

7 Baths

6,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $128

Subdivision Fort Morgan Original Town

MLS Listing ID 9805993

Bedrooms 12

HOA Y/N No

Abv Grd Liv Area 6,200

Year Built 1906

Annual Tax Amount $2,029

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Source recolorado

Property Description

This four-unit multifamily property located at Fort Morgan offers a compelling opportunity for investors seeking stable asset, with positive cash flow, in a growing regional market. The asset benefits from spacious units and consistent rental demand driven by the area's agricultural, industrial, and service-based employment base. Its manageable size allows for efficient operations while still providing scale beyond single-family rentals. With strong housing demand in the area, the property presents both immediate income and long-term value appreciation.

Location

State CO

County Morgan

Rooms

Basement Unfinished

Interior

Heating Electric, Radiant

Cooling Other

Fireplace N

Exterior

Parking Features Concrete

Roof Type Other

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Sherman

Middle Schools Fort Morgan

High Schools Lincoln

School District Fort Morgan Re-3

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Pinnacle Real Estate Advisors

Nearby Locations

Go tour this home

404 State ST

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NEED DOWN PAYMENT ASSISTANCE?

Our team specializes in finding FREE DOWN PAYMENT GRANTS for UP TO 4% of the loan amount, and in most cases with no repayment requirement.

 

Basic requirements: 

        ~ NO First Time Home Buyer requirement!
        ~ 620+ Credit score
        ~ Make less than $195,600