$ 1,950,000
12369 County Road 16 N/A Severn, ON L0L 2C0
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,950,000
Est. payment /mo
Price Dropped by $90K
12369 County Road 16 N/A Severn, ON L0L 2C0
10 Baths
1 SqFt
UPDATED:
09/30/2024 07:05 PM
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
Interior
Cooling Partial
Exterior
Community Features Major Highway
Utilities Available Available
Parking Type Outside/Surface
Listed by SUTTON GROUP INCENTIVE REALTY INC.