About This Home

This 0-bedroom, 0-bathroom residential multi family at 102 Holly Street in Colorado Springs, CO is listed for $1,600,000. Built in 1920, on a 0.65 acres lot.

Key Features

  • Built in 1920
  • 0.65 acre lot

Property Details

1920
Listing Description

Charm, history, and an unbeatable location come together in this exceptional Westside investment opportunity bordering Manitou Springs. Set against the backdrop of Pikes Peak, this unique income-producing property spans four parcels zoned R-2 and features nine residential units, including a beautifully restored historic 2-bedroom, 1-bath Craftsman

home, a newer 2-bedroom, 1-bath two-story cottage, four 1-bedroom cottages, and three studio cottages. Currently operating as a successful combination of long-term and short-term rentals, this property offers exceptional flexibility for investors and future owners.

Continue operating as an income-producing rental portfolio (buyer to verify all licensing requirements), create a private family compound with rental income, establish a corporate or church retreat, or explore future redevelopment opportunities. One parcel includes grandfathered rights for an additional dwelling, creating even greater long-term potential.

The setting is truly one of a kind. Directly across the street, horseback riders from the neighboring riding stable pass by daily, creating the feeling of a mountain retreat while being just minutes from Old Colorado City, Garden of the Gods, Manitou Springs, downtown Colorado Springs, shopping, dining, hiking and biking trails, schools, and convenient access to I-25.

The property features mature trees, charming cottages, inviting outdoor gathering areas, and assigned parking throughout the complex. Each unit has been updated while preserving the character and charm that make this property so appealing to tenants and guests alike.

With multiple income streams, an irreplaceable location, flexible zoning, and future development potential, opportunities like this rarely become available on Colorado Springs' highly sought-after Westside. Financial information is available upon request with a signed confidentiality agreement.

Monthly Cost Estimate

$8,557/mo

20% down · 6.5% · 30 years

Principal$1,157
Interest$6,933
Insurance$467

Estimates only. Actual payments may vary.

Location

102 Holly Street

Colorado Springs, CO 80904

Property Details

Heating

Natural GasForced AirElectric (Heating)RadiantBaseboardHot Water(Heating)

Cooling

Ceiling Fan(s)Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 102 Holly Street is listed at $1,600,000. The estimated monthly payment is $8,557 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.65 acre lot.

This property is listed by Scott Coddington.

SC

Scott Coddington

Agent at Pulse Real Estate Group, LLC

Listed by Pulse Real Estate Group, LLC · Broker phone: (719) 238-3536 · View on Broker Site · Broker website

MLS# 2901643· Source: elevateMLS· 6 days on PropertySimple

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102 Holly Street, Colorado Springs, CO 80904

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