- 19 Bedroom
- 11 Bathroom
- 0 - 699 ft2
- Above Ground Pool
- Forced Air, Radiant Heat, Not Known
$1,899,900
INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 5-Plex, a single family home, and two prefab homes. Additional income streams include a log shack, barn, and four rental spaces currently used for storage and RV parking. Offering a 6.75% 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. Vendor Take-Back (VTB) financing available. Contact for more details! (id:50982)
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Details
| MLS® Number | X13025278 |
| Property Type | Multi-family |
| Community Name | 1116 - Cumberland West |
| Parking Space Total | 100 |
| Pool Type | Above Ground Pool |
| Bathroom Total | 11 |
| Bedrooms Above Ground | 19 |
| Bedrooms Total | 19 |
| Basement Type | Full |
| Heating Fuel | Electric, Propane |
| Heating Type | Forced Air, Radiant Heat, Not Known |
| Size Interior | 0 - 699 Ft2 |
| Type | Other |
| Other | |
| Garage |
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 217 Ft ,1 In |
| Size Frontage | 518 Ft ,10 In |
| Size Irregular | 518.9 X 217.1 Ft |
| Size Total Text | 518.9 X 217.1 Ft |
| Zoning Description | Ag3 |
Map
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April 24 2026 05:43:51
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group