12369 County Road 16 N/a, Severn, ON

$1,295,000

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10

Baths

About 12369 County Road 16 N/a

Multi Residential investment opportunity with 10 unit 2 story apartment (8 are legalized), producing a net income of $73,785.94 (8 units). Including all 10 units, the net income increases to over $100,000. The Landlord pays for all utilities, there are separate hydro meters available that have never been hooked up. Property contains 3 septic beds and 1 drilled well. Building being sold in an as is where is capacity. There are outstanding capital required, Seller estimates $70,000.

Features of 12369 County Road 16 N/a

MLS® # S12346588
Price $1,295,000
Bathrooms 10.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 12369 County Road 16 N/a
Area Simcoe
Subdivision Rural Severn
City Severn
Province ON
Postal Code L0L 2C0

Amenities

Garages Outside/Surface
Is Waterfront No

Interior

Heating Baseboard
Cooling Partial
Fireplace No

Listing Details

OfficeSUTTON GROUP INCENTIVE REALTY INC.

Listing Map

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