| Property TypeMulti-family | Lot Size20.37 acres |
|
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:16400) Please visit : Multimedia link for more photos and information |
| Management CompanySelf Managed - | OwnershipFreehold |
| Parking Spaces50 | TransactionFor sale |
| Zoning DescriptionAG3 |
| Heating FuelPropane | HeatingForced air, Radiant heat |
| Storeys Total2 | Utility WaterDrilled Well |
| Size Total20.37 ac | Size Frontage518 ft ,11 in |
| AcreageYes | SewerSeptic System |
| Size Depth1217 ft ,1 in | Size Irregular20.37 |
Listing Office: RE/MAX HALLMARK REALTY GROUP
Data Provided by Ottawa Real Estate Board
Last Modified :08/05/2024 04:11:44 PM
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