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$1,599,900
Est. payment /mo
19 Beds
11 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 0 - 699
Subdivision 1116 - Cumberland West
MLS® Listing ID X13449798
Bedrooms 19
Property Description
INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 4-Plex, a single family home, and two prefab homes. Offering a 8.0% 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. Property being sold as-is, where-is. Contact for more details! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air, Radiant heat, ,
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 100
Garage Yes
Private Pool Yes
Building
Sewer Septic System
Others
Virtual Tour https://youtu.be/63iTcH3e-7M
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Listed by RE/MAX HALLMARK REALTY GROUP
NEARBY SCHOOL & BUSINESS
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