$1,495,000
Available - For Sale
Listing ID: S12346588
12369 County Road 16 N/A , Severn, L0L 2C0, Simcoe
| 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. |
| Price | $1,495,000 |
| Taxes: | $6023.62 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 12369 County Road 16 N/A , Severn, L0L 2C0, Simcoe |
| Postal Code: | L0L 2C0 |
| Province/State: | Simcoe |
| Legal Description: | PT LT 1 CON 11 TAY PT 1 & 3, 51R23189; T |
| Directions/Cross Streets: | F.R Nelson Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 1.35 |
| Total Area Code: | Acres |
| Area Influences: | Major Highway |
| Approximatly Age: | 31-50 |
| Washrooms: | 10 |
| Outside Storage: | F |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Partial |
| Sewers: | Septic |
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| SUTTON GROUP INCENTIVE REALTY INC. |
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Dir:
647-472-6050
Bus:
905-709-7408
Fax:
905-709-7400
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Severn |
| Neighbourhood: | Rural Severn |
| Approximate Age: | 31-50 |
| Tax: | $6,023.62 |
| Baths: | 10 |
| Fireplace: | N |
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