$ 1,950,000
12369 County Road 16 N/A Severn, ON L0L 2C0
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$ 1,950,000
Est. payment | /mo
10 Baths
1 SqFt
$ 1,950,000
Est. payment | /mo
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
Listed by SUTTON GROUP INCENTIVE REALTY INC.
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.