619-621 E Kiowa Ave, Fort Morgan, CO 80701
- $360,000
Courtesy of eXp Realty LLC . 9704410063
- List Price
- $360,000
- Type
- Multifamily
- Property Sub Type
- Duplex
- Status
- ACTIVE
- MLS Number
- IR1070435
- Year Built
- 1955
Property 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!
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Additional Information
- Lot Size Acres
- 0.15
- Lot Size Sq Ft
- 6,500
- Tax Amount
- $1,356
- Water Source
- Public
- Sewer
- Public Sewer
- Basement Type
- None
- Heating
- Forced Air
- School District
- Fort Morgan RE-3
- Elementary School
- Sherman
- Middle Or Junior School
- Fort Morgan
- High School
- Fort Morgan
Mortgage Calculator
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