Michelle Trudgeon

Broker Associate
License#:

$315,000

516 E 7th St, Loveland, CO 80537  (Sold on )

  • Price Reduced
  • Open House
  • New Listing
  • Coming Soon
  • 3 BedBeds
  • 1 BathBaths
  • 1,080 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 1068946
0 More Schedule

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.

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Property Details

General

  • Subdivision: Lov
  • County: Larimer
  • List Date: 09/17/2026
  • Expected Active Date: 09/18/2026
  • DOM: 12
  • Style: Cottage
  • Lot SqFt: 4441
  • Beds: 3
  • Baths: 1.00
  • Full Baths: 1
  • Basement/Foundation: None, Crawl Space
  • Year Built: 1901
  • New construction: NO
  • Sq Ft (total): 1080
  • Garage/Parking Spaces: 2
  • Garage Description: Detached
  • MLS#: 1068946

Interior Features

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)
  • Disability Accessibility: Main Floor Bath, Main Level Bedroom, Main Level Laundry

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Type: Single Family Residence
  • Outdoor Features: Oversized Garage
  • Fences: Fenced, Wood
  • Road Access: City Street, Alley
  • Waterfront: NO

Schools

  • School District: Thompson R2-J
  • Elementry: Truscott
  • Middle/Jr: Bill Reed
  • High School: Thompson Valley

Financial Considerations

  • Tax Year: 2025
  • Tax Amount: $1960

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Other, Cable Available, Satellite Avail, High Speed Avail
  • Water/Sewer: Public Sewer
  • Water: City
 

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