LOADING

12369 County Road 16 Severn, Ontario L0L 2C0

10 Bathroom 1.354 ac
Partially Air Conditioned Baseboard Heaters

$2,040,000

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:48303)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number S8466538
Property Type Multi-family
Community Name Rural Severn
Amenities Near By Highway
Features Irregular Lot Size

Building

Bathroom Total 10
Cooling Type Partially Air Conditioned
Heating Type Baseboard Heaters
Size Interior 1.354 Ac
Type Multi-family

Land

Acreage No
Land Amenities Highway
Sewer Septic System
Size Frontage 297 Ft ,9 In
Size Irregular 297.81 Ft
Size Total Text 297.81 Ft
Zoning Description Rm2

https://www.realtor.ca/real-estate/27075935/12369-county-road-16-severn-rural-severn

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Sutton Group Incentive Realty Inc.
241 Minet's Point Road, 100153
Barrie, Ontario L4N 4C4

(705) 739-1300

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