1675 Dunning Road, Ottawa, Ontario K4C1L7

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,499,900
19
BD
11
BA

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List Price
$1,499,900
Price Change
▼ $100,000 1784052246
MLS®
X13449798
Days on Market
42
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
19
Bathrooms
11
Lot Size Dimensions
518.9 x 217.1 FT
Subdivision
1116 - Cumberland West

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 8.5% 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:5764)

Additional Information

Garage
Yes
Subdivision
1116 - Cumberland West
Parking Spaces
100
Pool
Yes
Country
Canada
Sewer
Septic System
Heating
Radiant heat, Forced air, Electric, Propane
Pool Features
Above ground pool

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Calculator source: Real Geeks