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. (id:4069)
Address
12369 COUNTY ROAD 16
List Price
$1,695,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Severn
Bathrooms
10
Floor Area
1 Sq. Ft.
Lot Size
297.81 FT Sq. Ft.
MLS® Number
S8466538
Listing Brokerage
SUTTON GROUP INCENTIVE REALTY INC.
Postal Code
L0L2C0
Zoning
RM2
Site Influences
Highway
Features
Irregular lot size