550 W Main Street

Welcome to Delta County’s premier turn-key, investment opportunity. This fully leased, downtown Cedaredge property features two residences. The primary home offers 1,388 square feet with three bedrooms (one non-conforming), one bathroom, and a carport. Remodeled with new flooring, updated kitchen and bathroom, and modern fixtures throughout. The property also features a detached secondary residence or ADU. The 383-square-foot studio was built in 1995 with its own living space, kitchen, and bathroom. Recent improvements include new flooring and a new water heater. Both units are currently leased, providing immediate cash flow with a strong 6%+ cap rate. Also, provides a great house-hack or mother-in-law setup. Ideally located within walking distance to historic Cedaredge City Park and downtown amenities, and easy access to the Grand Mesa - offering year-round recreation including fishing, hiking, snowmobiling, cross-country skiing, and the Powderhorn ski area. A rare opportunity to own a low-maintenance, high-performing investment in one of Delta County’s most iconic communities.