1675 Dunning Road Cumberland, Ontario K4C 1L7
$1,999,900
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:47351)
Property Details
| MLS® Number | 1389862 |
| Property Type | Multi-family |
| Neigbourhood | Cumberland West |
| Parking Space Total | 50 |
Building
| Heating Fuel | Propane |
| Heating Type | Forced Air, Radiant Heat |
| Stories Total | 2 |
| Utility Water | Drilled Well |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Depth | 1217 Ft ,1 In |
| Size Frontage | 518 Ft ,11 In |
| Size Irregular | 20.37 |
| Size Total | 20.37 Ac |
| Size Total Text | 20.37 Ac |
| Zoning Description | Ag3 |
https://www.realtor.ca/real-estate/26852227/1675-dunning-road-cumberland-cumberland-west
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May 08 2024 08:11:44
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group