125 Ruxton Avenue
Manitou Springs, CO, 80829 $ 2,200,000
Bedrooms-- Baths-- Sq 4,633 Monthly Estimate*
$ 13,725
for $2,200,000. This 4,633 square foot building was built in 1909 on a lot size of 0.45.
A rare and extraordinary turnkey rental opportunity in Manitou Springs to own the historic Crosby Cottages, a collective community of two striking single-family homes, four one-of-a-kind themed cottages, and an income-producing 15-unit parking lot. Just moments from the iconic shops, restaurants, and natural landmarks of the Manitou Springs area, these homes are purposely updated by vibrantly combining vintage elements of their 1909 character with modern conveniences. This captivating property of six distinct residences forms a cohesive enclave, each with its own private entrance and generous porch. A shared courtyard and community garden cultivate a warm, village-like atmosphere. The structures retain classic character with original restored hardwood floors and some with cast iron tubs and sinks. All have been renovated with updated kitchens, bathrooms, individual electric meters, washer/dryer hookups, updated electrical, updated plumbing, fresh paint inside and out. The residence at 129 Ruxton offers three beds, two baths and a historic brick fireplace, while the residence at 125 Ruxton features two beds and one bath. The four cabins at 125R Ruxton vary in layout and size. Cabin 1 offers a cozy studio with a ¾ bath and retro flooring, while Cabin 2 features two beds, a loft, an office with built-ins, and a full bath. Cabin 3 presents a bedroom, a full bath and stylish accents including a subway tile backsplash. Cabin 4 hosts a bedroom and a ¾ bath with unique tile. The 15-spot parking lot across the street generates year-round income with its prime location between downtown Manitou Springs and several high-volume tourist attractions. Ideally suited for those seeking a well-positioned, income-producing asset in a high-demand area with limited rental availability. Situated moments from the Manitou Incline, Pikes Peak Cog Railway, local dining, shopping, trails and Garden of the Gods, this property offers an unparalleled rental income community. OM in supplements.
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FeaturesGeneralSewer Public Sewer
Utilities Electricity Connected Internet Access (Wired) Natural Gas Connected Phone Available Sewer Connected
Possession Closing/DOD
Roof Composition
Zoning GR + DWTN
Garage Spaces 1
Construction Materials Brick Frame Stone Wood Siding
Exclusions Seller's Personal Property Tennant's personal property any staging items.
Year Built 1909
Tenant Pays Electricity Gas Water
Property Subtype Multi Family
Tax Year 2024
Current Use Residential
Gross Income 189204
Building Name Crosby Cottages
County El Paso
Operating Expense 39106
Property Type Commercial Sale
Attached Garage Y
Building Features Laundry
Status Active
City Manitou Springs
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 19725
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 1863
Lease Considered Y/N N
Structure Type Free Standing
Standard Status Active
Occupancy Type Tenant
Cap Rate 6.39
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ExteriorExterior Amenities Lighting
Lot Features Historical District Landscaped
Water Source Public
Total Parking 16
Lot Size Area 19725
Building Area Total 4633
Lot Size Acres 0.45
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $13,725
- Monthly Property Taxes
- $155
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Manitou Springs, CO
Average List Price $1,617,400
Percent of Sale Price 26%
About Manitou Springs, CO 4,949 Population
5% Since 2002
$ 50,859 Median Income
47.76 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/11/2025 | $2,200,000 | | Listed Price |