249 S Milky Way ST, Cosmos, MN 56228
249 S Milky Way ST, Cosmos, MN 56228
249 S Milky Way ST, Cosmos, MN 56228
249 S Milky Way ST, Cosmos, MN 56228
249 S Milky Way ST, Cosmos, MN 56228
249 S Milky Way ST, Cosmos, MN 56228
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 390,000
Est. payment | /mo

8,494 Sqft Lot

Save
$ 390,000
Est. payment | /mo
Save

8,494 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Lietzaus 1St Add

MLS Listing ID 7045801

Year Built 1915

Annual Tax Amount $1,190

Tax Year 2025

Contingent None

Lot Size 8,494 Sqft

Property Description

100% occupied, cash-flowing, investor opportunity in the community of Cosmos. Located 1 hour from Saint Cloud, this property offers 4 rental units: three 1 bed, 1 bath units along with a 2 bed, 1 bath unit upstairs. Potential space downstairs in former bar/restaurant and potential laundromat income as well. Priced at 9.7% cap rate.

Location

State MN

County Meeker

Zoning Business/Commercial

Interior

Heating Forced Air

Inclusions Building, Other

Fireplace No

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Present Use Residential

Building

Story Two

Foundation 3200

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District A.C.G.C.

Listed by Chad Ferguson • Ferndale Realty
Nearby Locations
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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249 S Milky Way ST