+42 more
19
Bedrooms
11
Bathrooms
20.34 ac
Lot
100
Parking
About This Property
This 19-bedroom, 11-bathroom multi-family in Ottawa offers a 20.34 ac lot. The property has lot dimensions of 20.34. The home features partially air conditioned.
MLS Remarks
INVESTMENT OPPORTUNITY!! Multi-residential complex situated on just over 20 acres of land. This unique property features 6 freestanding residential buildings, including a 5-Plex, a single family home, and two prefab homes. Additional income streams include a log shack, barn, and four rental spaces currently used for storage and RV parking. Offering a 6.75% 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! (id:60351)
Overview
Property Typeresidential
Sub-Typemulti-family
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