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$ 1,695,000
Est. payment /mo
Price Dropped by $55K
12369 County Road 16 N/A Severn, ON L0L 2C0
10 Baths
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,695,000
Subdivision Rural Severn
MLS Listing ID S8466538
Building Age 31-50
Annual Tax Amount $6,023
Tax Year 2024
Property Sub-Type Investment
Property Description
Multi Residential investment opportunity with 10 unit 2 story apartment (8 are legalized), producing a net income of $73,785.94 (8 units). 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.
Location
State ON
County Simcoe
Community Rural Severn
Area Simcoe
Interior
Cooling Partial
Exterior
Community Features Major Highway
Utilities Available Available
Lot Frontage 297.81
Others
Virtual Tour https://buildout.com/website/12369CR16
Listed by SUTTON GROUP INCENTIVE REALTY INC.