Address: 619 E Kiowa Ave, Fort Morgan, CO 80701, USA
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!