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323 Circle Dr Fort Morgan, CO 80701

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For Sale
$699,000

Income-generating four-unit building in Fort Morgan, Colorado.

Lot size:
0.19 Acres

Property Features for 323 Circle Dr

General Information

Property type
Investment
Standard status
Active
Lot size
0.19 Acres

Building Details

Year built
2000

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Listing Contact
Darrel Aragon
Source: Elliman

Listing Agent: Darrel Aragon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Four-Unit Building Investment Opportunity

This is a rare opportunity to invest in an income-generating four-unit building located in Fort Morgan, CO. The property features four units, with two located on the main floor and two on the upper level. Each unit has a modern, open floor plan with ample natural light, central air conditioning, and newer vinyl windows. Each unit also includes a full bath with a tiled shower and a master bedroom with a half bath. The upper units and hallways feature skylights for additional brightness. Second-floor units have walk-out balconies, while main-floor units have concrete patios. The sale includes four ranges and four refrigerators, as well as two coin-operated washing machines and two coin-operated dryers, providing additional income. The property also includes two reserved parking spots per unit. This well-maintained property is perfect for investors looking to add a reliable, income-producing asset in a thriving community. Purchase the building and live in one of the units (subject to existing tenant rights) and rent out the other units to help pay the mortgage.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Fort Morgan
County
Morgan
State
Colorado
Longitude
-103.7977283
Latitude
40.2456754

FAQs

What type of property is this?
Quadplex - Income-generating four-unit building in Fort Morgan, Colorado.
Where is this quadplex located?
The property is located at 323 Circle Dr Fort Morgan, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: - Four-unit building offering income-generating potential.; - Option to live in one unit while renting out the others.; - Each unit features central air conditioning and newer vinyl windows.
More about this property
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