285 S Grand Mesa Dr, Cedaredge, CO

Name: 285 S Grand Mesa Dr, For Sale in Cedaredge - Zoocasa
Brand: GRAND MESA REAL ESTATE SERVICES
SKU: 20262280
Price: 412500 USD

House

For Sale

Listed price in listed location currency (USD).

$412,500

530

MLS® 20262280

Overview

Key Facts

Type Duplex

Levels Residential

Size -

Garage

Taxes $2,620

Days Active 61

Lot Size 0.2 Acres

Approx. Age 2003

MLS® Number 20262280

Property Address: 285 S Grand Mesa Dr, Cedaredge, CO, 81413-3823

Average square foot calculated using Size range provided by listing agent.

Description

BACK ON MAREKT DUE TO BUYER'S LENDER'S TERMS NOT ACCEPTABLE. PRICED TO SELL! This well-maintained multi-tenant residential property, built in 2003, is ideally located in the heart of downtown Cedaredge and is fully leased. Offering exceptional flexibility, this investment property presents multiple opportunities — continue generating rental income, live in one unit while renting the others, or accommodate multi-generational living. Currently configured and rented as a duplex, the property is already set up for easy conversion to a triplex with the addition of a studio apartment and a stackable washer and dryer for the upstairs unit. Recent upgrades to the apartments enhance both comfort and appeal, while private parking spaces and fenced private yards add convenience for tenants. The property is adjacent to a pocket park honoring local Veterans and is within walking distance to downtown shops, restaurants, and amenities. A detailed list of improvements is available upon request. Offered at a 6% CAP rate, this turnkey, income-producing property is an excellent investment opportunity. Showings are available with the Listing Broker and require a 48-hour notice to tenants.

MLS® Number20262280

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2003

Basement

DrivewayAssigned

Garage Spaces

HeatBaseboard

A/CWindow Units

Extras

Map

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