12369 County Road 16 N/A Active Save Request In-Person Tour Request Virtual Tour
Severn,ON L0L 2C0
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Rural Severn
MLS Listing ID S12346588
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). 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.
Location
Province ON
County Simcoe
Community Rural Severn
Area Simcoe
Interior
Cooling Partial
Exterior
Community Features Major Highway
Utilities Available Available
Building
Building Age 31-50