Don't miss out on this great opportunity. This Duplex is conveniently located in Fort Morgan. Close to the Post Office, Downtown, Library, Some Schools and various restaurants. 2 units - each 1 bedroom and1 bath. 406 Prospect has new furnace and new central air in December of 2025 and 404 has new furnace and new central in April of 2026. Each unit has it owns gas and electric meters. Instant income potential! All interior pictures are of 404 Prospect.
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Interior Features for 406 Prospect St
Other Interior Features
LivingAreaSourceAssessor
BasementPartial
Interior AmenitiesEat-in Kitchen
General for 406 Prospect St
AppliancesSome Appliances, Fire Alarm
AttributionContact9708673250
Cap Rate5.17
CityFort Morgan
Construction MaterialsFrame
CoolingCentral Air
CountyMorgan
DisclosuresSeller's Property Disclosure, Lead Paint
ElectricCity of FM
Elementary SchoolBaker Cent
ExclusionsAll of Tenants Personal Property
Expected Active Date 2026-05-05
Gross Income24726.72
HOANo
HeatingForced Air
High SchoolFort Morgan
High School DistrictFort Morgan RE-3
Lease Amount FrequencyMonth-to-Month
LevelsOne
MLS AreaMorgan
Middle/Junior High SchoolFort Morgan
Net Operating Income14451.72
New ConstructionNo
Number Of Units Total2
Operating Expense10275
Parcel Number122906410010
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
Standard StatusActive
StatusActive
Subdivision NameFort Morgan Original Town
Tax Annual Amount1272
Tax Year2025
Tenant PaysDeposit, Gas, Electricity
UtilitiesNatural Gas Available, Electricity Available
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Beds • 2
Baths • 2
SQFT • 2,240