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Fort Morgan, CO 80701 102 Lowell Pl

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  • MLS# 2490140
  • 11/06/2025
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  • Beds • 8
  • Baths • 4
  • SQFT • 3,264
  • Garage • 5

Home Details

Rare Investment Opportunity: 4 Unit Apartment Building in Fort Morgan Colorado. Take advantage of is rare opportunity to invest in an income operating building, or buy the building and live in one of the units (Subject to the current Tenant rights), and rent out the remaining units as income. This building features 4 spacious rental units. Attractive amenities and consistent income potential. This building would be a solid addition to any investment portfolio. There are 2 lower level units and 2 upper level units. Each unit has 2 bedrooms and 1 full bathroom. New windows in 2008, new stucco in 2009, new gutters and roof with high impact class 4 shingles in 2012. Includes 4 Stoves, 4 Refrigerators, 4 dishwashers and 4 hot water heaters.Contact listing agent to schedule a showing.
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Interior Features for 102 Lowell Pl

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area3264

General for 102 Lowell Pl

AccessibilityLevel Lot
AppliancesDishwasher, Refrigerator
AttributionContactdarrel@newcreekreco.com, 303-428-1907
Cap Rate5.199
CityFort Morgan
Construction MaterialsFrame, Brick, Stucco
CountyMorgan
Elementary SchoolColumbine
ExclusionsTenant's personal property.
Expected Active Date 2025-11-06
Garage Spaces5
Gross Income47400
HOANo
HeatingBaseboard, Radiant, Electronic Air Filter
High SchoolFort Morgan
High School DistrictFort Morgan RE-3
LevelsTwo
Living Area3264
MLS AreaMorgan
Middle/Junior High SchoolAbner S Baker
Net Operating Income33831
New ConstructionNo
Number Of Units Total4
Operating Expense13669
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTomky
Tax Annual Amount2308
Tax Year2024
Tenant PaysElectricity
UtilitiesSeparate Meter Electricity
Year Built1980

Exterior for 102 Lowell Pl

Building Area Total3264
Exterior AmenitiesBalcony
FencingPartial
Lot FeaturesCul-De-Sac, Level
Lot Size Acres0.51
Lot Size Area22186
Total Parking5
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Columbine Elementary School
High School Fort Morgan High School
Middle School Abner S Baker Middle School

Nathan Washam

Broker/Owner
Price $649,000
MLS#2490140
List Date 11/06/2025
Property Type Income
Phone 970.988.8295
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