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Tony Neumann

tony@thegoodvibesteam.com +1(719) 217-8863

Listed by Scott Coddington Pulse Real Estate Group LLC

$ 1,795,000

Est. payment | -/mo

0.65 Acres Lot

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$ 1,795,000

Est. payment | -/mo

Save Virtual Tour

0.65 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2901643

Construction Status Existing

Year Built 1920

Annual Tax Amount $1,584

Tax Year 2025

Lot Size 0.654 Acres

Acres 0.6542

Property Sub-Type Multi Family

Source Pikes Peak REALTOR® Services

Property 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.

Location

State CO

County El Paso

Rooms

Basement Crawl Space

Interior

Heating Baseboard, Electric, Forced Air, Hot Water, Natural Gas, Radiant

Cooling Ceiling Fan(s), None, Wall Unit(s)

Furnishings Existing

Window Features Vinyl

Appliance Dishwasher, Microwave Oven, Oven, Range, Refrigerator

Laundry Common

Exterior

Carport Spaces 15

Fence Rear

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 7403205023

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

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Nearby Locations

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Tony Neumann

Agent

+1(719) 217-8863 | tony@thegoodvibesteam.com

102 Holly Street Colorado Springs, CO 80904

Tony Neumann

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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102 Holly Street