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$1,750,000
Status: For Sale
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 Type | :Commercial |
|---|---|
| MLS Number | :S8466538 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :20 Dec, 2024 (1 Day ago) |
| Source | :TRREB |
| Area | :Simcoe |
|---|---|
| Community | : Rural Severn |
| Postal Code | : L0L 2C0 |
| Price | : $1,750,000 |
|---|---|
| Property Taxes | :$6023.62 |
| Tax Year | :2024 |
|---|
| Cross Street | :F.R Nelson Road |
|---|
| Virtual Tour | :Virtual Tour (External Link) |
|---|
20 Dec, 2024
TREB #S8466538
Available
$1750000.0
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$1,750,000
12369 County Road 16, Simcoe, Ontario
Listing ID #S8466538
Price drop by $290,000
Price drop by $290,000