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5528 County Road 7, Erie, CO 80516

$625,000
3
BD
2
BA
1,296
SqFt
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List Price
$625,000
Status
ACTIVE
MLS#
1071817
Year Built
2005
Bedrooms
3
Bathrooms
2
Living Area
1,296
Region
Greeley/Weld
Subdivision
Recorded Exemption #1467-03-2
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(720) 432-8695

Property Description

Opportunity Knocks! Situated on 1.4 acres, this property offers incredible potential for investors, flippers, or buyers looking to build equity. Currently configured as a 3-bedroom, 2-bath home, the layout may provide the opportunity to create a 5-bedroom, 3-bath residence (buyer to verify). Major updates include a new heat pump and central A/C system, tankless water heater, newer roof, and a 1,500-gallon septic system. The property also features a massive heated attached shop/garage with its own electrical panel, making it ideal for contractors, mechanics, hobbyists, or anyone needing substantial workspace. Energy-efficient features include an owned solar system that will be paid off at closing and an Emporia Level 2 EV charger.With room to customize and add significant value, this property may be an excellent candidate for an FHA 203(k) Renovation Loan or other renovation financing programs (buyer to verify with lender). Rarely do properties with this much potential, acreage, and infrastructure come available. Bring your vision and unlock the possibilities!Some images have been virtually staged or digitally enhanced to illustrate the property's potential appearance. Actual conditions may vary. Buyers should verify all property features through their own inspection.

(720) 432-8695
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Additional Information

Taxes
$3,862
Style
Fixer-Handyman Special, Modular Home
School District
ST Vrain Dist RE 1J
Elementary School
Soaring Heights PK-8
Middle School
Soaring Heights PK-8
High School
Erie
Heating
Heat Pump
Cooling
Central Air
Utilities
Electricity Available
Garage Spaces
2
Zoning
R
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Listing courtesy of Stephanie Watson.

9703739077

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