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12369 County Rd 16

County Rd 16SevernON, L0K 2C0

8
Beds
8
Baths
6,556
Sq. Ft.
$1,950,000
List Price
12369 County Rd 16, Severn, ON - 1 of 3
12369 County Rd 16, Severn, ON - 2 of 3
12369 County Rd 16, Severn, ON - 3 of 3
106 days on market

Quick Summary

  • Profitable multi-residential investment
  • 10-unit 2-story apartment building
  • 8 legalized units generating $73,786 net
  • Landlord pays for all utilities
  • Separate hydro meters available
  • 3 septic beds and 1 drilled well
  • Sold in as-is, where-is condition
  • Estimated $70,000 in capital required

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... Show More

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. (id:54626)

Property Details

Size

6,556 sq. ft.
across 2 floors
8 Beds
8 Baths
8 Full

Parking

10 Parking Spaces
Detached Garage

Build

Year Built
1974
Model Name
-
Basement
-
Exterior
Stone, Vinyl siding
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Well
Sewer
Septic System
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40609857
Last Updated
September 30, 2024
Brokerage
Sutton Group Incentive Realty Inc. Brokerage
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