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!
MLS# | X9515100 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 86 |
Listing Provided By | RE/MAX HALLMARK REALTY GROUP | Not Provided |
State | ON |
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County | Ottawa |
City | Orleans - Cumberland and Area |
Zip Code | K4C 1L7 |
Area | 1116 Cumberland West |
Listing VS Median (in K4C 1L7) | |
Price: $1,999,900 low | high Med: $0 On Site: 86 low | high Med: |