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Property Details

315 E Main Street
Cyrus, MN 56323

Price: $1,450,000

Listing # 7011649


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Excellent investment opportunity in charming Cyrus! This 24 unit apartment complex operates at nearly 100% occupancy and provides plenty of green space that is so coveted by the apartment clientele. Located 22 miles SW of Alexandria, 6.5 miles East of Morris and 9 miles West of Starbuck, there is plenty of draw to this smaller but well maintained country town. Comprised of 3 separate 8-unit buildings, this complex provides ample parking, well-maintained grounds, several updates and a great return! Main St building is all main level living with 8-1 bedroom units and Cyrus Garden East and West buildings mirror each other with 7-2 bedroom units and 1-1 bedroom unit in each. Start investing in real estate today or expand your portfolio with this turn-key complex that will start making you money on day one!

Basic Features:

Type Commercial Sale
Zoning Residential-Multi-Family
Year Built 1983
School District Morris Area
County Pope
Lot Size 300 150
Acreage 1.03 acres
Bedrooms 38
Total Baths 24
Number of Units 24
Tax $ / Year $14,942 / 2025
Tax ID
Legal Description

Includes:

Range,Refrigerator,Building,Business Assets,Business,Land

Additional Features
Government Programs
Section 20
Terrain Type
Roads City Street,Paved Streets
Cooling Wall Unit(s)
Driveway
Exterior Features Frame
Foundation 13142.00
Fuel Source Natural Gas
Handicap Access Partially Wheelchair
Heating Boiler
Roof Asphalt
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Water Heater
Parking Lot Asphalt,Paved Lot
Exterior Construction
Utilities Electric Separate,Heating Common,Hot Water Common
Laundry N

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