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1675 DUNNING ROAD Cumberland, ON K4C1L7
20.37 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Cumberland West
MLS® Listing ID 1389862
Originating Board Ottawa Real Estate Board
Lot Size 20.370 Acres
Acres 887317.2
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
Province ON
Interior
Heating Forced air, Radiant heat
Exterior
Garage No
View Y/N No
Total Parking Spaces 50
Private Pool No
Building
Story 2
Sewer Septic System
Others
Ownership Freehold