INVESTMENT OPPORTUNITY ! !
| Website: | https://www.nestseekers.com/5575416 |
|---|---|
| Address: | Orleans - Cumberland and Area K4C 1L7 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 19 BR |
| Bathrooms: | 11 |
Financials
Price:C1,599,900
($1,132,700)
(€987,500)
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 4-Plex, a single family home, and two prefab homes. Offering a 8.0% 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. Contact for more details!
Virtual Tour: https://youtu.be/63iTcH3e-7M
Amenities
- Other
Angelo Ferlisi 9 Queen Street Unit 7, Cookstown, Ontario |
