503 Deuel St Fort Morgan, CO 80701
- Residential income homes
- 1,871 SF
Current Use by Public Records
- Residential income homes
Property Details for 503 Deuel St
- Year built
- 1910
- Property size
- 1,871 SF
- Property type
- Residential income homes
- APN
- R006666
Description
This charming 1910 Victorian home at 503 Deuel St, Fort Morgan, CO 80701, presents a unique investment opportunity. The property boasts 1,871 square feet across two units, situated on a spacious 5,250 square foot corner lot. The main house features four bedrooms and two bathrooms, showcasing original character with high ceilings and large rooms. Recent updates include a brand-new roof, a newer water heater, dishwasher, laminate flooring in the living and dining areas, and newer linoleum in the kitchen. A detached shop/garage provides additional storage space. The property's significant potential lies in its partially finished basement. This area includes plumbing and piping for a second kitchen, suggesting the possibility of converting it into a separate, conforming or unconforming, rental unit, creating a desirable up/down duplex configuration. The basement also has one, possibly two, unconforming bedrooms and a bathroom. Zoned RE-3, this property is ideal for a fix-and-flip or fix-and-hold strategy, offering strong potential for rental income or resale value after renovations. The asking price is $299,500. This is a rare chance to acquire a piece of Fort Morgan history with significant upside.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Morgan
- County
- Morgan
- State
- Colorado
- Longitude
- -103.8065867
- Latitude
- 40.2528629
