12369 County Road 16 N/A Active

Severn,ON L0L 2C0

$ 1950000

- Bed

10 Baths

1 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $1,950,000

MLS Listing ID S8466538

Annual Tax Amount $6,023

Tax Year 2024

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

Province ON

County Simcoe

Community Major Highway

Area Rural Severn

Region Rural Severn

City Region Rural Severn

Interior

Cooling Partial

Exterior

Community Features Major Highway

Utilities Available Available

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