550 W Main Street, Cedaredge, CO 81413
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550 W Main Street, Cedaredge, CO 81413
550 W Main Street, Cedaredge, CO 81413
550 W Main Street, Cedaredge, CO 81413
550 W Main Street, Cedaredge, CO 81413
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Linette Nye Schmidt

Linette Nye Schmidt

+1(719) 588-1636
$ 347,400
Est. payment /mo
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Active

550 W Main Street Cedaredge, CO 81413

3 Beds

1 Bath

1,388 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Stick Built

Listing Status Active

Purchase Type For Sale

Square Footage 1,388 sqft

Price per Sqft $250

MLS Listing ID 831309

Style Ranch

Bedrooms 3

Three Quarter Bath 1

Year Built 1958

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Stick Built

Property Description

Welcome to a turn-key income property in the heart of downtown Cedaredge, offering immediate cash flow and flexible living options. This fully leased property includes two residences, ideal for investors or owner-occupants seeking rental income. The primary home features 1,388 square feet with three bedrooms (one non-conforming), one bathroom, and a carport with attached storage. Recent updates include new flooring, an updated kitchen and bathroom, and modern fixtures throughout. A detached 384-square-foot studio ADU, built in 1995, includes its own kitchen, bathroom, and living space. Recent improvements include new flooring and a new water heater. Both units are currently leased, producing immediate income with a strong 6.50%+ cap rate. For owner-occupants, the layout offers an ideal house-hack or multi-generational living setup—live in one unit while offsetting your mortgage with rental income. Located within walking distance to Cedaredge City Park and downtown amenities, with easy access to the Grand Mesa for year-round recreation including hiking, fishing, cross-country skiing, and skiing at Powderhorn. A rare opportunity to own a low-maintenance, income-producing property in one of Delta County's most desirable small-town settings.

Location

State CO

County Delta

Area Surface Creek

Rooms

Basement Crawl Space

Interior

Heating Electric Baseboard, Forced Air

Cooling Central A/C

Flooring Carpet-Partial, Tile, Vinyl

Fireplaces Type Living Room

Inclusions Microwave, Range/Oven, Refrigerator

Furnishings Unfurnished

Exterior

Utilities Available Electric, Internet, Natural Gas, Phone - Cell Reception

Roof Type Metal

Building

Story One Story

Foundation Crawl Space

Sewer Public Sewer

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 Renfrow Realty

NEARBY SCHOOLS & PROPERTIES

Linette Nye Schmidt

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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550 W Main Street

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