12369 County Road 16 N/A For Sale

Severn, Rural Severn, L0L 2C0

$1,695,000

Description

Listed by SUTTON GROUP INCENTIVE REALTY INC..

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

View Map
  • Address: 12369 County Road 16 N/A
  • Neighborhood: Rural Severn
  • City: Severn
  • State: Ontario
  • Postal Code: L0L 2C0

Property Video

Property Details

  • Property ID: S8466538
  • Property Price: $1,695,000
  • Style: Investment, Apartment
  • Sq/Ft: 1.354
  • Bath: 10
  • Garage: Outside/Surface
  • Year Built: 31-50
  • A/C: Part
  • Heating: Baseboard
  • Taxes: $6,023.62 (2024)

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100