Size
-
Lot size
20 sqft
Street frontage
-
Possession
Flexible
Price per sqft
-
Taxes
$6,551.29 (2025)
Parking Type
-
Style
Other
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Description
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 7.3% 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!
Broker: RE/MAX HALLMARK REALTY GROUP
MLS®#: X13025278
Property details
Parking:
100
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
0-700 sqft
Lot front:
518 Ft
Lot depth:
217 Ft
Listed on:
Apr 21, 2026
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Instant estimate:
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$100,519
lower than listed pricei
High
$1,731,850
Mid
$1,649,381
Low
$1,566,912
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