8
See all 8 photos
$1,275,000
Est. payment /mo
10 Baths
1 SqFt
Active
12369 COUNTY ROAD 16 Severn, ON L0L2C0
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1
Square Footage 1 sqft
Price per Sqft $1,275,000
Subdivision Rural Severn
MLS® Listing ID S12604756
Lot Size 1.354 Acres
Acres 1.354
Property Description
Multi-residential investment opportunity. This asset is currently producing a net income of $68,980.49 (8 units). If the property were fully leased, the potential NOI is over $100,000. The Landlord pays for all utilities; separate hydro meters are available that have never been hooked up. The property contains 3 septic beds and 1 drilled well. The building is being sold in an as-is where-is capacity. There is outstanding capital required; Seller estimates $70,000. The 2026 expenses are currently estimated. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Septic System
Listed by SUTTON GROUP INCENTIVE REALTY INC.
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