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1675 Dunning Rd

13 Unit Apartment Building $1,421,999 USD ($109,385 USD/Unit) 6.49% Cap Rate Ottawa, ON K4C 1L7

Apartment Buildings Ontario Ottawa 1675 Dunning Rd, Ottawa, ON K4C 1L7

Investment Highlights

  • Multi-Residential complex situated on just OVER 20 ACRES of Land
  • Fully Tenanted and self managed property
  • 6 Freestanding Residential Buildings, a 5plex, Single home, 2 Prefab homes, a Log Shack, Barn and 4 Rental Spaces for storage
  • Located just 1.5KM south of Cumberland

Executive Summary

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.

Property Facts

Price $1,421,999 USD Property Subtype Apartment
Price Per Unit $109,385 USD Building Class C
Sale Type Investment Lot Size 20.66 AC
Cap Rate 6.49% Building Size 8,000 SF
No. Units 13 No. Stories 2
Property Type Multifamily Year Built 1970
Price $1,421,999 USD
Price Per Unit $109,385 USD
Sale Type Investment
Cap Rate 6.49%
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 20.66 AC
Building Size 8,000 SF
No. Stories 2
Year Built 1970
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zoning

Zoning Code AG3 (Agricultural Zone)
AG3 (Agricultural Zone)
(613) 596-5353

  • Listing ID: 31873106

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 1675 Dunning Rd, Ottawa, ON K4C 1L7

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1675 Dunning Rd
(613) 596-5353 x

1675 Dunning Rd

Sonat Try

(613) 596-5353

(613) 596-5353

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