Attention investors! This multifamily home may be the opportunity you have been looking for in a small and up-and-coming town that serves as the gateway to the Grand Mesa where outdoor adventures abound. This home is currently broken into three separate units, each with private entrances. The unit on the back of the home is almost 1500 sq. ft. and has an open concept living/dining/kitchen. There is one large bedroom with en-suite full bath. An additional half bath is off the living room. A bonus room could be used as an additional bedroom or office. The front of the house has a studio unit, approximately 300 sq. ft., with a kitchenette. There is a laundry room and full bath. The third unit makes up the entire second story and measures 1400 sq ft. There is a large living room and an open concept dining/kitchen. Step out onto the deck to take in the town of Cedaredge. Three nice-sized bedrooms along with a full bath round out this unit. Rent out two units and live in the other? Multi-generational living? Airbnb? This property has the opportunity for various revenue streams. Walk to coffee shops, wine bars, and restaurants just across the street in downtown Cedaredge. Drive to the top of the mesa in less than 30 minutes to take in the over 300 picturesque lakes/reservoirs. Enjoy ATVing, fishing, hiking, and camping in the summer and world class snowmobiling and cross-country skiing in the winter. Skiing and snowboarding enthusiasts can easily access Powderhorn Resort from Cedaredge. So many possibilities with this property! Schedule a showing today.
Mls | 818501 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Year | 2003 |
Days On Site | 64 |
Listing Provided By | RE/MAX Mountain West Inc. - Cedaredge | Daniel Tietz |
Beds | 4 |
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Baths | 4 Total |
Sq Feet | 3,164 |
Storys | 2 |
Zoning | Mixed-Use |
Acreage | 0.20 |
State | CO |
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County | Delta |
City | Cedaredge |
Zip Code | 81413 |
Area | Surface Creek |
School District | Cedaredge 9-12 |
Elementary School | Cedaredge K-5 |
Middle School | Cedaredge 6-8 |
High School | Cedaredge 9-12 |
Listing VS Median (in 81413) | |
Price: $629,000 low | high Med: $575,000 SqFt: 3,164 low | high Med: 2,195 $ / SqFt: $199 low | high Med: $262 On Site: 64 low | high Med: 81.000000 |