770 NW Cedar Avenue, Cedaredge, CO 81413
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770 NW Cedar Avenue, Cedaredge, CO 81413
770 NW Cedar Avenue, Cedaredge, CO 81413
770 NW Cedar Avenue, Cedaredge, CO 81413
770 NW Cedar Avenue, Cedaredge, CO 81413
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Lee Roufa

Lee Roufa

+1(970) 729-0526
$ 425,000
Est. payment /mo
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770 NW Cedar Avenue Cedaredge, CO 81413

3 Beds

2 Baths

1,476 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Stick Built

Listing Status Active

Purchase Type For Sale

Square Footage 1,476 sqft

Price per Sqft $287

MLS Listing ID 837064

Style Ranch

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

Year Built 1973

Annual Tax Amount $1,394

Tax Year 2025

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type Stick Built

Property Description

Cedaredge Investment Property – Home + 2 Rentals on 1.2 Acres | ~10% CAP Income-producing residential investment in the heart of Cedaredge, CO. This 1.2-acre offering includes three separate rental units—a 1974 stick-built home (3 bed/1.75 bath, 1,476 sq ft) plus two single-wide trailers (2 bed/1 bath and 1 bed/1 bath)—generating $3,457/month ($41,484/year) in gross rents at an approximate 10% gross CAP rate. All units are on town of Cedaredge water (3 taps) and town sewer. Proven, steady rental history from both private-market tenants and the Delta Housing Authority. Best of all, roughly half the property is undeveloped, offering room to add more trailers or another home (with additional water taps from the town) for significant revenue upside. A rare turnkey cash-flow property with built-in expansion potential in a growing Western Slope community. Offered at $425,000.

Location

State CO

County Delta

Area Surface Creek

Interior

Heating Forced Air

Cooling Evaporative Cooler

Flooring Carpet-Partial, Laminate

Furnishings Unfurnished

Exterior

Utilities Available Electric, Internet, Natural Gas

Roof Type Metal

Building

Story 1.5 Story

Water City Water

New Construction No

Schools

Elementary Schools Cedaredge K-5

Middle Schools Cedaredge 6-8

High Schools Cedaredge 9-12

Colorado Real Estate Network (CREN) + Sold
Listed by United Country Colorado Brokers, Inc.

NEARBY SCHOOLS & PROPERTIES

Lee Roufa

Lee Roufa

Broker License Partner Engel & Volkers Telluride | License ID: ec100033234

+1(970) 729-0526

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770 NW Cedar Avenue