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102 Holly Street Colorado Springs, CO $ 1,795,000
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$ 1,795,000 Get more info
102 Holly Street
$ 1,795,000
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102 Holly Street

Colorado Springs, CO, 80904
$ 1,795,000
Bedrooms-- Baths-- Sq 3,212
Listed by Pulse Real Estate Group LLC
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Property for Rent in Colorado Springs, CO

for $1,795,000. This 3,212 square foot property was built in 1920 on a lot size of 0.65.

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.

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Rental Active

Price

$ 1,795,000

Taxes

$ 1,584

Style

Bungalow,Chalet,Cottage,Studio

Lot Size

0.65

Year Built

1920

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

8640606
Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected
Possession Closing/DOD Negotiable
Roof Shingle
Zoning R-2 HS
Garage Spaces 0
Architectural Style Bungalow Chalet Cottage Studio
Construction Materials Frame
Exclusions Tenants Possessions
Year Built 1920
Tenant Pays Cable TV Electricity Gas Internet
Stories Count 1
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family Residential
Gross Income 203171.7
County El Paso
Operating Expense 63510.81
Property Type Commercial Sale
Attached Garage N
Building Features Laundry
Status Active
Directions From the intersection of W. Cimarron St. (US-24) and N. 31st St. head north on N. 31st St. Turn left onto W. Colorado Ave. then right onto Columbia Rd. Bear right at the Y to remain on Columbia Rd. C
City Colorado Springs
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 28496
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 1584
Leasable Area 3212
Lease Considered Y/N N
Virtual Tour https://tour.giraffe360.com/c8771b1f39ca4e84a611d629c3f3d844/
Structure Type Free Standing
Lease Type Gross
Standard Status Active
Occupancy Type Tenant
Cap Rate 7.78
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Exterior
Exterior Amenities Balcony Dog Run Garden
Parking Features Gravel
Lot Features Corner Lot Foothills Irrigated Landscaped Near Public Transit
Water Source Public
Total Parking 15
Lot Size Area 28496
Building Area Total 3212
Lot Size Acres 0.65
Road Surface Type Paved
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Internal Only
Street Number 1 102
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* Excluded Features
List By
Pulse Real Estate Group Llc

Broker

(719) 238-3536

Phone

Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/20/2026$1,795,000 Listed Price

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102 Holly Street, Colorado Springs, CO, 80904 is a Property for Rent at $1,795,000 with 3,212 sqft and a lot size of 0.65. 102 Holly Street was built in 1920. The property's zip code is 80904 which is in Colorado Springs, CO

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