5528 County Road 7, Erie, CO 80516
Local realty services provided by:ERA Shields Real Estate
5528 County Road 7,Erie, CO 80516
$625,000
- 3 Beds
- 2 Baths
- 1,296 sq. ft.
- Single family
- Active
Listed by: stephanie watson
Office: lpt network realty llc.
MLS#:IR1071817
Source:ML
Price summary
- Price:$625,000
- Price per sq. ft.:$482.25
About this home
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....
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Home facts
- Year built:2005
- Subdivision & Development:Recorded Exemption #1467-03-2
- Listing ID #:IR1071817
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Bathrooms Description:Five Piece Bath
- Basement Description:Bath/Stubbed, Unfinished
- Living area:1,296 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Heat Pump
Structure and exterior
- Roof:Composition
- Year built:2005
- Building area:1,296 sq. ft.
- Construction Materials:Wood Frame
- Levels:1 Story
Schools
- High school:Erie
- Middle school:Soaring Heights
- Elementary school:Soaring Heights
Utilities
- Water:Public
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$482.25
- Tax amount:$3,862
Features and amenities
- Laundry features:In Unit
Parking
- Garage spaces:2
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