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1675 DUNNING

Cumberland West | Cumberland

$1,999,900.00

Listed 5 months ago

  • - bed
  • - bath
  • - sqft
  • 50 parking
  • Multi-family

Property history

  • Now
    Listed on May 6, 2024

    Listed for $1,999,900.00

    156 days on market

Location & area

Schools nearby

Home Details

Description
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:39198)
Additional media
https://youtu.be/KAaDSohD5sA?si=716A9KoDCjkqt0zS
Property taxes
$5,908.00 per year / $492.33 per month
Basement
-
Year build
-
Type
Multi-family
Bedrooms
null
Bathrooms
null
Parking spots
50 Total
Floor
-
Balcony
-
Pool
-
External material
-
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Radiant heat, Forced air, Propane
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    1389862
    Brokerage
    RE/MAX HALLMARK REALTY GROUP

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