1675 Dunning Road, Orleans - Cumberland and Area — For Sale in Orleans - Cumberland and Area
0 bed · 0 bath · Investment for sale in Orleans - Cumberland and Area.
1675 Dunning Road, Orleans - Cumberland and Area, ON K4C 1L7
About This Property
Now for sale at 1675 Dunning Road in Orleans - Cumberland and Area: a 0-bedroom, 0-bathroom investment listed at $1,599,900.
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. Vendor Take-Back (VTB) financing available. Contact for more details!
Property Specifications
| MLS® Number | X13449792 |
|---|---|
| Status | For Sale |
| List Price | $1,599,900 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 20.37 sq ft |
| Address | 1675 Dunning Road, Orleans - Cumberland and Area, ON K4C 1L7 |
| City | Orleans - Cumberland and Area |
| Postal Code | K4C 1L7 |
Listing Contracted With: RE/MAX HALLMARK REALTY GROUP
