Nest Seekers
PropertiesCanadaWebID 5428745

INVESTMENT OPPORTUNITY ! !


Property

Website:https://www.nestseekers.com/5428745
Address:
Orleans - Cumberland and Area K4C 1L7
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 19 BR
Bathrooms: 11

Financials

Price:C1,899,900
($1,390,600)
(€1,186,200)
Annual Taxes:C6,551.29

Description

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!

Amenities

  • Other

Contact

505 Park Ave, New York, NY 10022