Kim LaRiccia

Sales Representative

MCNE & Relocation SpecialisT

1675 DUNNING ROAD
Cumberland, Ontario K4C1L7

$1,999,900

ID# 1389862
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:25961)
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: May 06, 2024

On market: 199 days
Heating Type Forced air, Radiant heat
Heating Fuel Propane
Stories Total 2
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Kim LaRiccia

SALES REPRESENTATIVE

MCNE & RELOCATION SPECIALIST

Direct: 613.795.1915 kim@thinkhome.ca

Innovation Realty LTD

8221 Campeau Dr Unit B,

Kanata, ON K2T 0A2

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