516 E 7th St, Loveland, CO 80537

$315,000
3
BD
1
BA
1,080
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$315,000
Status
ACTIVE
MLS#
1068946
Year Built
1901
Bedrooms
3
Bathrooms
1
Living Area
1,080
Region
Loveland/Berthoud
Subdivision
Lov

Property Description

INVESTORS & CONTRACTORS: FULL GUT REHAB OPPORTUNITY Bring your toolbelt, your crew, and your highest-grade respirator-this property is a true blank slate awaiting a total transformation. Formerly seized by law enforcement and stripped down, this distress-sale property is strictly targeted for experienced investors, flippers, or cash buyers looking to capture serious equity in a competitive market. PROPERTY HIGHLIGHTS & REHAB POTENTIAL: Full Remediation & Gut Required: Property exhibits severe environmental distress and active contamination history (methamphetamine/controlled substances). Sold completely AS-IS, WHERE-IS with all faults. Buyer is responsible for all state/local remediation permits, clearance testing, verifying any and all information and complete environmental mitigation. Blank Canvas Floor Plan: Ideal layout potential to redesign the interior floor plan, upgrade mechanical systems, and rebuild from the studs up. High Equity Upside: Priced significantly below area comps to account for full remediation, structural framing repairs, brand-new trades (HVAC, plumbing, electrical), and high-end cosmetic finishings. TERMS OF SALE: Cash Only or Hard Money Direct: Strictly no traditional financing (FHA, VA, or Conventional) will qualify due to condition and health/safety restrictions. Strict Hold-Harmless Requirement: All visitors/inspectors must sign a Hold Harmless Agreement prior to accessing the site. PPE/respiratory protection mandatory for entry Standard real estate closing terms apply.Tear out the past and capitalize on the ARV (After Repair Value). Fast close preferred-bring all firm offers directly to listing broker.

Additional Information

Taxes
$1,960
Style
Cottage
School District
Thompson R2-J
Elementary School
Truscott
Middle School
Bill Reed
High School
Thompson Valley
Heating
Forced Air
Cooling
Ceiling Fan(s)
Utilities
Natural Gas Available, Electricity Available, Other, Cable Available, Satellite Internet Available, High Speed Internet Available
Garage Spaces
2
Zoning
R3E

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Chad Amos.

8773662216

The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Information deemed reliable but not guaranteed by the MLS
Listing data last updated: