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Multi-Unit Cottage Compound

102 Holly Street Colorado Springs, CO 80904

New
102 Holly Street, Colorado Springs, CO, 80904
$1,795,000
For Sale
$1,795,000

MULTI_FAMILY - Colorado Springs, CO

Lot Size0.65 Acres
Days on Market2

Property Features for 102 Holly Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Basement
Crawl Space
Standard status
Active
Lot size
0.65 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1584

Utilities

Heating system
Forced Air, Radiant, Hot Water(Heating), Natural Gas, Baseboard, Electric (Heating)
Cooling system
Wall Unit(s), Ceiling Fan(s)

Building Details

Year built
1920
Roof type
Shingle
Listing Agency Pulse Real Estate Group LLC
2316 N Wahsatch Ste 237, Colorado Springs, CO
Listed by Scott Coddington · License #40012034
Added: Jul 20 Checked: Jul 21 at 1:06 am
MLS# 2901643 Listing URL

Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multi-unit compound includes seven cottages and two homes across four parcels, all zoned R2. The property features a restored historic 2-bedroom, 1-bath craftsman home, a newer 2-bedroom, 1-bath two-story cottage-style home, four 1-bedroom cottages, and three studio cottages. An additional dwelling may be possible on one parcel under grandfathering.

The property is located on the Westside of Colorado Springs near Manitou Springs, in the Lenin Park area, with nearby trails associated with the Garden of the Gods neighborhood. It is approximately within a mile of Manitou Springs downtown and within a mile of Old Colorado City.

The existing operation includes both long-term and short-term rentals, with an STR permit mentioned in the remarks as not transferable and with the City indicating it is legal to continue running as STRs if verified by the buyer. Several units are described as furnished, with furnishings intended to convey with the sale.

Key Highlights

  • 7‑cottage, 2‑home compound run as long‑term and short‑term rentals
  • 9 total rental units: restored historic 2BD/1BA craftsman home, newer 2BD/1BA two‑story cottage, four 1BD cottages, and three studio cottages
  • 4 parcels, all zoned R2, with room on one parcel grandfathered for an additional dwelling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Dental Office Hair Salon Law Firm Nail Salon HVAC Service Auto Parts Store Daycare Center Grocery & Convenience Store Bakery Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Seven cottages and two homes on four R2-zoned parcels support a mixed long- and short-term rental setup.
Where is this apartment building located?
The property is located at 102 Holly Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 7‑cottage, 2‑home compound run as long‑term and short‑term rentals; 9 total rental units: restored historic 2BD/1BA craftsman home, newer 2BD/1BA two‑story cottage, four 1BD cottages, and three studio cottages; 4 parcels, all zoned R2, with room on one parcel grandfathered for an additional dwelling
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