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    For Sale - 1675 Dunning Road, Orleans - Cumberland and Area, Ontario

    Est payment $7,683/mo
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    Views   2
    Time on Jump  20 day

    AI Summary *

    • Investment opportunity with stable income from fully tenanted multi-residential complex.
    • Spacious 20 acres featuring six residential buildings with diverse rental options.
    • Located just 1.5 km south of Cumberland, surrounded by natural landscapes.
    • 8.0% CAP rate with potential for expanded storage or pasture rentals.
    • Includes ample parking, water wells, and septic systems for efficient management.




    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. Property being sold as-is, where-is. Contact for more details!
    Listing IDX13449798
    Address1675 Dunning Road
    CityOrleans - Cumberland and Area, Ontario
    Price$1,599,900
    Bed / Bath19 / 11 Full
    StyleOther, Multiplex
    ConstructionOther
    Land Size20.34
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement FullFoundation OtherHeating / Cooling Forced AirHeating Fuel ElectricSewer Septic

    Parking 100.00
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    Listing Agency:  RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1675 Dunning Road
    Orleans - Cumberland and Area , Ontario
    19 11 $1,599,900
    Get more info