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In-PersonVirtual Tour
$ 1,999,900
Est. payment | /mo
$ 1,999,900
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision 1116 - Cumberland West
MLS® Listing ID X9515100
Originating Board Ottawa Real Estate Board
Property Description
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:24570)
Location
State ON
Interior
Heating Radiant heat
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 50
Private Pool No
Building
Sewer Septic System
Listed by RE/MAX HALLMARK REALTY GROUP