1675 DUNNING ROAD, Cumberland, Ontario, K4C 1L7

$1,999,900

MLS® # 1389862

Investment For Sale In Cumberland, Ontario

$1,999,900

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Heating Type: Forced air, Radiant heat
  • Heating Fuel: Propane

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Lot Depth: 1217.1 Feet
  • Lot Frontage: 518.9 Feet
  • Zoning: AG3
  • Sewer: Septic System
  • No. of Parking Spaces: 50

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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