$1,950,000 FOR SALE

Multiplex

Bedrooms: 8Bathrooms: 8Lot: 298 x 0 ft

12369 County Road 16
Coldwater, ON L0L 2C0

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:47423)

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Listed By Sutton Group Incentive Realty Inc. Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40609857
Last Updated Sep 30, 2024
Property Summary
Property Type Multiplex

More like this:
Subdivision SE57 - Coldwater
Price History
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Detailed Information
Bedrooms 8
Bathrooms 8
Lot 298 x 0 ft
Community Features Quiet Area
Features Crushed stone driveway
Listing Contract Date 2024-06-21
Location Description 400 North, to Vassey Rd. (East), turn left onto Old Creamery Rd. - merge right onto County Rd. 16, at the corner.
Ownership Type Freehold
# of Parking Spaces 10
Property Type Multi-family
Transaction Type For sale
Zoning Description RM2
Building
Basement Type None
Constructed Date 1974
Exterior Finish Stone, Vinyl siding
Foundation Type Poured Concrete
Heating Fuel Electric, Propane
Heating Type Baseboard heaters
Stories Total 2
Utility Water Well
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size 1.354 acres
Access Type Road access, Highway access
Acreage Yes
Sewer Septic System
Size of Irregular Land 1.354
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