Severn, ON L0L 2C0,12369 County Road 16 N/A
Severn, ON L0L 2C0,12369 County Road 16 N/A
Severn, ON L0L 2C0,12369 County Road 16 N/A
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Wed
23
Jul
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24
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Fri
25
Jul
$1,595,000
Est. payment /mo
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 $1,595,000

Subdivision Rural Severn

MLS Listing ID S8466538

Building Age 31-50

Annual Tax Amount $6,023

Tax Year 2024

Property Sub-Type Investment

Lot Front 297.81

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 Rural Severn

Area Simcoe

Zoning RM2

Interior

Cooling Partial

Exterior

Community Features Major Highway

Utilities Available Available

Lot Frontage 297.81

Others

Virtual Tour https://buildout.com/website/12369CR16


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Listed by SUTTON GROUP INCENTIVE REALTY INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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