About this home
Property Details: - Type: Multiplex - Bedrooms: 19 - Bathrooms: 11 - MLS#: X13025278 Listed By: RE/MAX HALLMARK REALTY GROUP
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! This multiplex home located at 1675 Dunning Road, Ottawa is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $1,899,900 with an estimated mortgage of $6,993* per month. It has 19 beds, 11 bathrooms, and is < 700 square feet. 1675 Dunning Road, Ottawa is in the Cumberland West neighborhood Ottawa. Cumberland and NOTRE DAME DES CHAMPS are nearby neighborhoods.
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