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William Watson

bill@watsonrg.com +1(303) 842-0836

$445,000

Est. payment - /mo

3,072 SqFt

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,072 sqft

Price per Sqft $144

Subdivision G.R. Bakers Addition

MLS Listing ID IR1044229

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,141

Tax Year 2024

Lot Size 8,250 Sqft

Acres 0.19

Property Sub-Type Triplex

Source recolorado

Property Description

Don't miss this opportunity to own a triplex with strong rental potential in a convenient location. The property includes 300 Walnut, a spacious 3-bedroom, 2-bath home; 521 W Kiowa Ave, a comfortable 2-bedroom, 1-bath unit; and 519 W Kiowa Ave, a cozy 1-bedroom, 1-bath unit that is currently available for easy showings. Each unit has received cosmetic updates, and the seller will be putting a fresh coat of paint on the exterior to enhance curb appeal. Each unit features separate utilities, giving tenants control over their own usage while the landlord covers water, sewer, and trash. With a mix of unit sizes, this property appeals to a broad tenant base and offers stable income potential. For those looking to house hack, this triplex is ideal: live in one unit while renting out the others to significantly offset your mortgage or even generate positive cash flow. Whether you're a first-time buyer wanting to build equity or an investor seeking a solid return, this property offers flexibility and financial upside. Conveniently located near schools, shopping, and local amenities, this triplex is a smart investment with room to maximize returns.

Location

State CO

County Morgan

Zoning R2

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace N

Appliance Oven, Refrigerator

Exterior

Fence Fenced

Utilities Available Electricity Available, Natural Gas Available

View City

Roof Type Composition

Total Parking Spaces 3

Building

Lot Description Corner Lot, Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Stucco,Frame

Schools

Elementary Schools Columbine

Middle Schools Fort Morgan

High Schools Fort Morgan

School District Fort Morgan Re-3

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Colorado Land Co. LLC

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

CO, USA

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300 Walnut ST Fort Morgan, CO 80701