Property Description

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 with each unit featuring 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 bedrooms, two baths and a historic brick fireplace, while the residence at 125 Ruxton features two bedrooms 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 bedrooms, 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 sits in a prime location between downtown and high-volume tourist attractions and generates year-round income. Close to Manitou Incline, Pikes Peak Cog Railway, local dining, shopping, trails and Garden of the Gods, this collective is ideally suited for those seeking a well-positioned, income-producing asset in a high-demand area with limited rental availability. OM available. Mid- and long-term leases in place.

Property Features