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!
MLS # | 6701589 |
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Listing Type | For Sale |
Style | Condominium |
Sub-Type | Resale |
Status | Active |
Year | 1983 |
Days On Site | 92 |
Listing Provided By | Edina Realty, Inc. | Stuart Wood |
SQ Feet | 20,246 |
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Basement | Y |
Units | 24 |
Zoning | Residential-Multi-Family |
Acreage | 1.03 |
Cooling | Wall Unit(s) |
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Heating | Boiler |
Appliances | Range, Refrigerator |
Roof | Asphalt |
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Construction Materials | Steel Siding, Vinyl Siding |
Parking Features | Asphalt, Paved |
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Utilities | Electric Separate, Heating Common, Hot Water Common |
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Property | 14942 |
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State | MN |
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County | Pope |
City | Cyrus |
Zip Code | 56323 |
Community Name | Cyrus City |
School District | 2769 |