5528 CR-7

Erie CO 80516

1296 sq. ft.

1.4 ac.

Single-Family

Currently for sale - view listing

Overview

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.