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$1,925,000
Available - For Sale
Listing ID: X12213651
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 6.5% 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!
Price $1,925,000
Taxes: $6,551.29
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 1675 Dunning Road , Orleans - Cumberland and Area, K4C 1L7, Ottawa
Postal Code: K4C 1L7
Province/State: Ottawa
Directions/Cross Streets: Dunning Road and Willhaven Drive
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Building Percentage: T
Total Area: 20.37
Total Area Code:  Acres
Maintenance: 0
Expenses Actual/Estimated: $Act
Heat Type: Propane Gas
Central Air Conditioning: Partial
Sewers: Septic
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

1675 Dunning Road , Orleans - Cumberland and Area, K4C 1L7, Ottawa


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Orleans - Cumberland and Area
Neighbourhood: 1116 - Cumberland West
Style:
Lot Size: x 217.05(Feet)
Approximate Age:
Tax: $6,551.29
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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