12369 COUNTY ROAD 16
Rural Severn, Severn, Ontario
- 10 baths
About this property
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:66327)
Property details
Interior
- Bathrooms
- 10
Exterior & parking
- Structure type
- Multi-Family
- Architectural style
- []
- Lot size
- 1.354
Building & HOA
- Heating
- Baseboard heaters
- Cooling
- Partially air conditioned
Financial & legal
- List price
- $1,275,000
- Annual taxes
- $6,626
- Status
- Active
- MLS® number
- S12604756
Location
- City
- Severn
- Neighbourhood
- Rural Severn
- Province
- Ontario
- Postal code
- L0L2C0
- Directions
- Cross Streets: F.R Nelson Road. ** Directions: 400 North to Exit 141 to Cnty Rd 16.
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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).