$1,999,900 FOR SALE

Multiplex

Lot: 518.92 x 1,217.08 ft

1675 Dunning Road
Cumberland, ON K4C 1L7 | Cumberland West

INVESTMENT OPPORTUNITY!! Multi-Residential complex situated on just OVER 20 ACRES of Land. This property features 6 Freestanding Residential Buildings, a 5plex, Single home, and 2 Prefab homes. Along with rental income from a Log Shack, Barn and 4 Rental Spaces used for storage and RV. CAP Rate of 6.49% with OPPORTUNITY of additional rental income from storage or pasture land. Fully Tenanted and self managed property. Located just 1.5KM south of Cumberland. The residences are Surrounded by Mature Maple Trees, Pastures, and nature. In the back, there is a 40'x150' gravel parking area. 2 Drilled Wells, 3 Septic Systems, Propane Sourced Heating. VTB Available, CALL FOR MORE DETAILS! (id:47423)

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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1389862
Last Updated May 08, 2024
Property Summary
Property Type Multiplex

More like this:
Neighbourhood Cumberland West
Price History
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Detailed Information
Lot 518.92 x 1,217.08 ft
Listing Contract Date 2024-05-06
Management Company Self Managed -
Municipal ID 145400007
Ownership Type Freehold
# of Parking Spaces 50
Property Type Multi-family
Transaction Type For sale
Zoning Description AG3
Building
Heating Fuel Propane
Heating Type Forced air, Radiant heat
Stories Total 2
Utility Water Drilled Well
Land
Total Size 20.37 acres
Acreage Yes
Sewer Septic System
Size of Irregular Land 20.37
External Links

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