12369 County Road 16Severn, Simcoe, ON, L0L 2C0
12369 County Road 16Severn, Simcoe, ON, L0L 2C0
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Listing History
Buy/sell history for 12369 County Road 16 N/A, Severn, ON L0L 2C0
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Description
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.
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$1,295,000
List price