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2 Beds
2 Baths
3,198 sqft

$849,999

195 Briggs Street, Erie CO, 80516

Price per sqft$265.79
Built in1968
Property size3,198 sqft
Property typeResidential

Overview

Active

Listed Aug 25, 2026

Updated 3 weeks ago

Conveniently positioned on a corner quarter-acre lot along Briggs Street, Old Town Erie's main corridor, this property isn't just a home. It's a multi-revenue platform in one of Colorado's fastest-growing communities, zoned Neighborhood Mixed-Use (NMU) & ready to work as hard as you do. The numbers speak first: the two-story unit is already a proven Airbnb performer, averaging $25K gross annually. That's day-one cash flow w/ room to grow as Erie's popularity continues its upward trajectory. The home's natural division into two independent living spaces each w/ its own kitchen & full bath gives you the flexibility to run dual short-term rentals, a long-term tenant alongside an owner-occupied unit, or a live-work arrangement. But the real story here is the NMU zoning allowing home business, professional office, boutique retail, or rental units, As Old Town Erie continues to attract traffic, new residents, & commercial investment, the upside potential of this zoning only increases. An oversized 28x30 garage with 12-foot walls, insulation, evaporative cooling, & rough-in plumbing is primed for conversion — a future ADU, workshop income, personal automotive work/storage, or premium storage rental are all options. 14x18 greenhouse with a 12-foot peak ceiling adds yet another revenue or lifestyle angle. Ample off-street & side street parking ensures you always have a place to park. The one-story side of the home was completely gutted and renovated, & is adaptive-friendly; it even has a heated floor in the bathroom. The 2-story side has a huge kitchen, wood-burning stove & vaulted ceilings. Walk to shops, restaurants, schools, & medical facilities. Watch the community events fill Briggs Street. Then consider: properties w/ this zoning, this footprint, this income history, & this location rarely come available. When they do, they don't last. This is Old Town Erie's version of a value-add opportunity. The foundation is already built — the next chapter is yours to write.

$5,655/mo

Est. mortgage payment based on a $849,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2287410

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$4,229
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No
MLS provider logo
Listed by RE/MAX Elevate, Rachel Folger, Listing Contact: 720-375-1255 
 

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