Residential Income in Fort Morgan

$360,000

619-621 Kiowa, 80701, Fort Morgan, CO

Residential Income for sale in Fort Morgan, 619-621 Kiowa, 80701

619-621 Kiowa, 80701, Fort Morgan, CO

$360,000

Type: Residential Income

Description

Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this well-maintained duplex offers a fantastic opportunity! Each unit features 2 bedrooms, 1 full bathroom, and 880 square feet of living space, for a total of 1, 760 square feet. Major exterior improvements include brand-new stucco and a new roof in 2026, adding value and curb appeal! Both units are currently rented, with monthly rents of $1, 100 and $1, 300, providing a combined rental income of $2, 400 per month. The front unit is occupied by long-term tenants. The owner maintains the lawn and pays water and sewer expenses, averaging approximately $2, 400 annually, while tenants are responsible for snow removal and electricity and gas. Conveniently located close to a school, this property offers flexibility for investors and future owner-occupants alike. Live in one side and let the rental income from the other help offset your mortgage! Don't miss this opportunity to own an income-producing property with major exterior updates already completed!

Agent Information

Location

619-621 Kiowa, 80701, Fort Morgan, CO

Data

Object TypeResidential Income
Purchase Price$360,000
Living Space0 m²
Plot Size603.87 m²
BathroomsN/A
Construction Year1955
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1955
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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