12369 County Road 16

Severn, L0L2C0
For Sale
$1,950,000
12369 County Road 16, Severn
12369 County Road 16
12369 County Road 16
12369 County Road 16
12369 County Road 16
12369 County Road 16
12369 County Road 16
12369 County Road 16
12369 County Road 16
Apartment
CATEGORY
1.35 Acres
TOTAL AREA
S8466538
MLSID
Contact Us
Property Description
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.
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
Rm2
Total Area
1.35 Acres
Taxes
$6,024 (2024)
Washrooms
10
Listing contracted with Sutton Group Incentive Realty Inc.
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