For Sale
$299,500

503 Deuel StFort Morgan, CO 80701

Historic Victorian, 2-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This charming 1910 Victorian home at 503 Deuel St, Fort Morgan, CO 80701, presents a unique investment opportunity. The property boasts 1,871 square feet across two units, situated on a spacious 5,250 square foot corner lot. The main house features four bedrooms and two bathrooms, showcasing original character with high ceilings and large rooms. Recent updates include a brand-new roof, a newer water heater, dishwasher, laminate flooring in the living and dining areas, and newer linoleum in the kitchen. A detached shop/garage provides additional storage space. The property's significant potential lies in its partially finished basement. This area includes plumbing and piping for a second kitchen, suggesting the possibility of converting it into a separate, conforming or unconforming, rental unit, creating a desirable up/down duplex configuration. The basement also has one, possibly two, unconforming bedrooms and a bathroom. Zoned RE-3, this property is ideal for a fix-and-flip or fix-and-hold strategy, offering strong potential for rental income or resale value after renovations. The asking price is $299,500. This is a rare chance to acquire a piece of Fort Morgan history with significant upside.

Highlights

  • Excellent fix-and-flip or fix-and-hold opportunity.
  • Potential to create a duplex by finishing the plumbed basement.
  • Basement has plumbing for a second kitchen.

Property Details for 503 Deuel St

Property type
Residential income homes
Square Feet
1,871 SF
Year Built
1910
Buildings
1
Stories
2
Units
2

Location Insight

City
Fort Morgan
County
Morgan
State
Colorado
Latitude
40.2528629
Longitude
-103.8065867
503 Deuel St, Fort Morgan, Colorado

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503 Deuel St
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