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195 Briggs St, Erie, CO, 80516

2beds
2baths
3,198sqft
$879,999
$275price/sqft
$5,452/moest. monthly cost
$218,080/yrincome needed

About This Home

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.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

9/10
Erie Elementary SchoolGrades PK-50.6 mi
6/10
Erie Middle SchoolGrades 6-80.5 mi
8/10
Erie High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1968

Materials

  • Roof: Composition
  • Construction materials: Frame,Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Electric Range,Dishwasher,Refrigerator,Washer,Dryer,Microwave,Disposal
  • Laundry features: Washer/Dryer Hookup

Basement

  • Basement: None

Bedroom2

  • Level: Upper
  • Area: 150
  • Dimensions: 15 x 10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Features

  • Eat-in Kitchen,Open Floorplan,Walk-In Closet(s),Two Primary Suites
  • Window features: Window Coverings
  • Flooring: Wood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 3,198

Heating & Cooling

  • Heating features: Forced Air,Baseboard,Wood Stove
  • Cooling features: Wall/Window Unit(s),Evaporative Cooling,Ceiling Fan(s)

Interior Area

  • Total structure area: 3,198
  • Total interior livable area: 3,198 sqft

Kitchen

  • Level: Main
  • Area: 1
  • Dimensions: 1 x 1

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Features: Full Primary Bath
  • Level: Main
  • Area: 1
  • Dimensions: 1 x 1

Study

  • Level: Main

Property

Accessibility

  • Accessibility features: Level Lot,Level Drive,Accessible Hallway(s),Accessible Doors,Main Floor Bath,Accessible Bedroom,Main Level Laundry

Details

  • Parcel number: R5781586
  • Zoning: NMU
  • Special condition: Private Owner
  • Exclusions: sellers personal items,tenants personal items,bronco bar

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Balcony
  • Fencing: Fenced

Lot

  • Lot size: 0.26 Acres
  • Features: Corner Lot,Level,Paved,Curbs,Gutters,Sidewalks,Alley,Fire Hydrant within 500 Feet

Parking

  • Total spaces: 4
  • Parking features: Detached,>8' Garage Door,Oversized
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hail
Tornado
Winter Weather
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,449$53,388
Home Insurance *$359$4,308
Property Taxes $403$4,836
Electricity $241$2,897
Total$5,452$65,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$186,925/yr
40% on housing$163,560/yr
45% on housing$145,386/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 80516$238
Weld County$214

vs Homes Sold Last Month

Median $/sqft

ZIP 80516$217
Weld County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-30Listed for sale$879,999
2005-09-09Sold$222,000

For Sale by Agent

AgentRachel Folger
BrokerageRE/MAX Elevate - Erie

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