404 State Street, Fort Morgan, CO 80701
- $745,000
- 12
- BD
- 7
- BA
- 6,200
- SqFt
Courtesy of Pinnacle Real Estate Advisors . amonette@pinnaclerea.com,714-330-1436
- List Price
- $745,000
- Price Change
- ▼ $50,000 1782776303
- Type
- Multifamily
- Status
- ACTIVE
- MLS Number
- 9805993
- Finished Sqft
- 6,200
- Above Grade Sqft
- 6200
- Total Sqft
- 6200
- Subdivision
- Fort Morgan Original Town
- Sub-Area
- Fort Morgan Original Town
- Year Built
- 1906
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.
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Additional Information
- School District
- Fort Morgan RE-3
- Elementary School
- Sherman
- Middle School
- Fort Morgan
- High School
- Lincoln
- Parking Features
- Concrete
- Basement
- Unfinished
- Lot Size
- 9,147
- Acres
- 0.21
- Taxes
- $2,029
- Tax Year
- 2025
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