$849,999
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.
2
Beds
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2
Baths
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IR1060477
MLS
195 Briggs Street, Erie
Courtesy of RE/MAX Elevate - Erie . 7205244222
