REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,999,900
Est. payment /mo
Active
1675 DUNNING RD Cumberland, ON K4C 1L7
20.37 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1389862
Annual Tax Amount $5,908
Tax Year 2023
Lot Size 20.370 Acres
Property Sub-Type Apartment 5+ Units
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!
Location
Province ON
Interior
Heating Propane
Building
Story 2
Sewer Septic Installed
Water Drilled Well
Listed by RE/MAX HALLMARK REALTY GROUP