Turnkey 7-unit apartment building in Cedaredge, CO - fully renovated and producing income from day one. Unit mix: six 1-bed/1-bath units and one 4-bed/2-bath unit. All units have been newly renovated with a shared laundry room, new roof and exterior paint, cutting your near-term capex and turnover costs. Built in 1947 on a 0.25-acre lot, this is a clean, manageable multifamily asset ideal for an investor looking to add stabilized cash flow to their portfolio. Private and off-street parking available.
| MLS # | 20264444 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 44 |
| Listing Provided By | THE RESOURCE GROUP, LLC | DENICE NIETHAMMER |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 3,416 |
| Basement | Y |
| Story(s) | 2 |
| Units | 7 |
| Zoning | Multi Family Residential |
| Acreage | 0.25 |
| Lot Features | Corner Lot, None |
|---|
| Tax Annual Amount | 3333 |
|---|
| State | CO |
|---|---|
| County | Delta |
| City | Cedaredge |
| Zip Code | 81413 |
| Area | Surface Creek |
| Community Name | Hogrefe and Wilson |
| Listing VS Median (in Hogrefe and Wilson) | |
Price: $1,190,000 low | high Med: $1,190,000 sqft: 3,416 low | high Med: 3,416 $ / sqft: $348 low | high Med: $348 On site: 44 low | high Med: 44 | |
| State | CO |
|---|---|
| County | Delta |
| City | Cedaredge |
| Zip Code | 81413 |
| Area | Surface Creek |
| Community Name | Hogrefe and Wilson |
| Listing VS Median (in Hogrefe and Wilson) | |
Price: $1,190,000 low | high Med: $1,190,000 sqft: 3,416 low | high Med: 3,416 $ / sqft: $348 low | high Med: $348 On site: 44 low | high Med: 44 | |