INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 5-Plex, a single family home, and two prefab homes. Additional income streams include a log shack, barn, and four rental spaces currently used for storage and RV parking. Offering a 7.3% 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. Vendor Take-Back (VTB) financing available. Contact for more details! (id:37351)
| MLS® Number | X13025278 |
| Property Type | Multi-family |
| Community Name | 1116 - Cumberland West |
| ParkingSpaceTotal | 100 |
| PoolType | Above Ground Pool |
| BathroomTotal | 11 |
| BedroomsAboveGround | 19 |
| BedroomsTotal | 19 |
| BasementType | Full |
| HeatingFuel | Electric, Propane |
| HeatingType | Forced Air, Radiant Heat |
| SizeInterior | 0 - 699 Ft2 |
| Type | Other |
| Other | |
| Garage |
| Acreage | No |
| Sewer | Septic System |
| SizeDepth | 217 Ft ,1 In |
| SizeFrontage | 518 Ft ,10 In |
| SizeIrregular | 518.9 X 217.1 Ft |
| SizeTotalText | 518.9 X 217.1 Ft |
| ZoningDescription | Ag3 |
https://www.realtor.ca/real-estate/29634640/1675-dunning-road-ottawa-1116-cumberland-west
Contact us for more information
Sonat Try
Salesperson
(613) 596-5353
(613) 596-4495
www.hallmarkottawa.com/