1675 DUNNING Road, Orleans - Cumberland and Area | Image 1

1675 DUNNING Road

Orleans - Cumberland and Area, 1116 - Cumberland West

  • Commercial

$1,999,900
For Sale

Added 7 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: AG3

  • Age: No Data

  • Taxes: 5908

  • MLS®#: X9515100

  • Days on Site: 227 Days

  • Added: May 06, 2024 (7 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

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 6.49% 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!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 128938

  • Area: Orleans - Cumberland and Area

  • Community: 1116 - Cumberland West

  • Availability Date: TBD

Building

  • Heat Type: Radiant

  • Water Supply Type: Drilled Well

  • Water Supply: Well

Parking

  • Covered Parking Spaces: 50

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT B CON 4 CUMBERLAND PTS 1, 2 & 3, 4R10694 & PTS 2 & 3, 50R4

  • Taxes: $5,908

  • Insurance Fee: 7800

  • Operating Fees: 38017

  • Water Fees: 960

Land

  • Cross Street: From the town of Cum

  • Municipality District: Orleans - Cumberland and Ar

  • Parcel Number: 145400007

  • Sewer: Septic

  • Lot Depth: 1217.05 Feet

  • Lot Frontage: 518.9 Feet

  • Lot Irregularities: 1

  • Zoning: AG3

Additional Media

  • Virtual Tour: https://youtu.be/KAaDSohD5sA?si=716A9KoDCjkqt0zS

Commercial Specific

  • Gross Income/Sales: 167868

Map of 1675 DUNNING Road, Orleans - Cumberland and Area
JK-8

Heritage Public School

Elementary: Public
8.73 km
7-8

École élémentaire publique Gisèle-Lalonde

Elementary: Public
5.31 km
JK-6

St Theresa Elementary School

Elementary: Catholic
7.01 km
JK-6

École élémentaire publique Des Sentiers

Elementary: Public
6.93 km
7-8

École intermédiaire catholique Béatrice-Desloges

Elementary: Catholic
6.23 km
JK-8

Maple Ridge Elementary School

Elementary: Public
6.24 km
9-12

Rockland District High School

Secondary: Public
9.77 km
9-12

École secondaire catholique L'Escale

Secondary: Catholic
10.00 km
9-12

École secondaire publique Gisèle-Lalonde

Secondary: Public
5.32 km
9-12

École secondaire catholique Béatrice-Desloges

Secondary: Catholic
6.23 km
Pre-Grade 9-12

Sir Wilfrid Laurier Secondary School

Secondary: Public
8.46 km
9-12

St Peter High School

Secondary: Catholic
7.18 km