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12369 County Rd 16

County Rd 16, Severn, ON, L0K 2C0

-
Beds
10
Baths
1
Sq. Ft.
$1,750,000
List Price
Details
Photos
8
Comparables
History
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
247 days on market

Quick Summary

  • Profitable multi-residential investment
  • Established 10-unit 2-storey apartment
  • Potential to reduce expenses, increase NOI
  • Separate hydro meters installed, not connected
  • Property contains 3 septic beds, 1 drilled well
  • Sold as-is, no seller representations
  • Estimated $70,000 capital investment needed
  • Good potential for handy person to increase returns

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... 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)

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Property Details

Size

1 sq. ft.
0 Beds
10 Baths
10 Full

Heating & Cooling

Heating
Baseboard heaters
Cooling
Partially air conditioned

Utilities

Water
-
Sewer
Septic System

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
S8466538
Last Updated
December 20, 2024
Brokerage
SUTTON GROUP INCENTIVE REALTY INC.
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