INVESTMENT OPPORTUNITY!! Multi-Residential complex situated on just OVER 20 ACRES of Land. This property features 6 Freestanding Residential Buildings, a 5plex, Single home, and 2 Prefab homes. Along with rental income from a Log Shack, Barn and 4 Rental Spaces used for storage and RV. CAP Rate of 6.5% with OPPORTUNITY of additional rental income from storage or pasture land. Fully Tenanted and self managed property. Located just 1.5KM south of Cumberland. The residences are Surrounded by Mature Maple Trees, Pastures, and nature. In the back, there is a 40'x150' gravel parking area. 2 Drilled Wells, 3 Septic Systems, Propane Sourced Heating. VTB Available, CALL FOR MORE DETAILS! (id:6673)
| MLS® Number | X12213651 |
| Property Type | Multi-family |
| Community Name | 1116 - Cumberland West |
| CoolingType | Partially Air Conditioned |
| SizeInterior | 20 Ac |
| Type | Multi-family |
| Acreage | Yes |
| Sewer | Septic System |
| SizeDepth | 217 Ft |
| SizeFrontage | 518 Ft ,10 In |
| SizeIrregular | 20.34 |
| SizeTotal | 20.34 Ac |
| SizeTotalText | 20.34 Ac |
| ZoningDescription | Ag3 |
Contact us for more information
Sonat Try
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)