$1,140,000
$1,300,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
315 E Main ST Cyrus, MN 56323
38 Beds
24 Baths
1.03 Acres Lot
Key Details
Sold Price $1,140,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Cyrus City
MLS Listing ID 7011649
Sold Date 07/10/26
Bedrooms 38
Year Built 1983
Annual Tax Amount $14,942
Tax Year 2025
Contingent None
Lot Size 1.032 Acres
Lot Dimensions 300 150
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)
Flooring Carpet
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Asphalt, Paved Lot
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 Frame
New Construction false
Schools
School District Morris Area
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