300 Walnut St Fort Morgan, CO 80701
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3 Unit
1 Story/Ranch
3,072 SqFt
Income Property built in 1900 with R2 Zoning in Subdivision: G.R. Bakers Addition
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. Each unit has received cosmetic updates, and the exterior has a fresh coat of paint 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.
General Features
| Style | 1 Story/Ranch |
| Baths | None |
| Usage | Multi Family |
| Acreage | 0.19 Acres |
| Lot Size | 8,250 SqFt |
| Zoning | R2 |
| Total | 3,072 SqFt ($142/SF) |
| Basement | Partial Basement, 90%+ Finished Basement |
| Year Built | 1900 |
| New Construction | No |
| Construction | Wood/Frame, Stucco |
| Cooling | Ceiling Fan |
| Heating | Forced Air |
| Roof | Composition Roof |
Lot Features
Corner Lot, Level LotInclusions
Electric Range/Oven, RefrigeratorNeighborhood
Accessibility
Level Lot, Low Carpet, Main Floor Bath, Main Level BedroomUnit Information
| Parking | 1 Space/Unit |
| Tenant Pays | Deposit, Gas, Electric |
| Utilities | Natural Gas, Electric |
| Water/Sewer | City Water, City Sewer |
| Metro District | No |
| Type | Units | Beds | Baths | Bsmnt | SqFt |
| 1 | 1 | 3 | 2 | Yes | 1,536 |
| 2 | 1 | 2 | 1 | No | 906 |
| 3 | 1 | 1 | 1 | No | 630 |
| Note: All square footage data are approximate and must be verified by the buyer. | |||||
Taxes & Fees
| Taxes | $1,142 |
| Tax Year | 2024 |
| Metro District | No |
Schools
| School District | Fort Morgan RE-3 |
| Elementary |
Columbine
|
| Middle/Jr High | Fort Morgan |
| Senior High | Fort Morgan |
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