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In-PersonVirtual Tour
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Est. payment | /mo
20 SqFt
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Est. payment | /mo
20 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 20 sqft
Subdivision 1116 - Cumberland West
MLS Listing ID X13449792
Annual Tax Amount $6,551
Tax Year 2025
Property Sub-Type Investment
Property Description
INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 ACRES of land. This unique property features 6 freestanding residential buildings, including a 4-Plex, a single family home, and two prefab homes. Offering a 8.5% CAP RATE with further upside potential through expanded storage or pasture rental opportunities. The property is fully tenanted and self-managed, providing immediate and stable income. Ideally located just 1.5 km south of Cumberland, the residences are surrounded by mature maple trees, open pastures, and natural landscapes, creating a desirable rural setting for tenants. Additional features include a 40' x 150' gravel parking area, 2 drilled wells, 3 septic systems, and propane heating. Property being sold as-is, where-is. Contact for more details!
Location
State ON
County Ottawa
Area Ottawa
Zoning AG3
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 518.91
Lot Depth 217.05
Others
ParcelsYN No
Virtual Tour https://youtu.be/63iTcH3e-7M
Listed by RE/MAX HALLMARK REALTY GROUP