315 E Main ST, Cyrus, MN 56323 - MLS#6701589

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Nick Leavy

EXIT Realty Metro

nick@ermetro.com +1(612) 236-5331

$1,499,900

Est. payment - /mo

1.03 Acres Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Cyrus City

MLS Listing ID 6701589

Year Built 1983

Annual Tax Amount $14,942

Tax Year 2025

Contingent None

Lot Size 1.030 Acres

Acres 1.03

Lot Dimensions 300 150

Property Sub-Type Apartment

Property Description

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!

Location

State MN

County Pope

Zoning Residential-Multi-Family

Interior

Heating Boiler

Cooling Wall Unit(s)

Inclusions Building, Business Assets, Business, Land

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Asphalt, Paved

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Asphalt

Present Use Residential

Building

Foundation 13142

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Steel Siding,Vinyl Siding

Schools

School District Morris Area

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Listed by Stuart Wood • Edina Realty, Inc.

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