211 Bishop Street, Gravenhurst (Muskoka (S)), Ontario P1P1J5

Listing courtesy of EXIT REALTY TRUE NORTH.

$449,900
5
BD
4
BA

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List Price
$449,900
MLS®
X13111888
Days on Market
123
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
5
Bathrooms
4
Lot Size Dimensions
66 x 132 FT
Subdivision
Muskoka (S)

Property Description

Prime 4-Plex Investment Opportunity in the Heart of Gravenhurst! Located on a corner lot just steps from downtown Gravenhurst, this fully tenanted 4-plex offers exceptional income potential with a cap rate of almost 7%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers added privacy and flexibility, with the potential to sever into two lots, creating future development or resale opportunities. Coin-operated laundry is also onsite for additional income and ease. Situated just steps from local shopping, dining and amenities, this property is perfect for investors seeking a turnkey income generator with future growth potential. Don't let this rare opportunity pass you by! (id:5764)

Additional Information

Subdivision
Muskoka (S)
Parking Spaces
6
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Community Features
Community Centre
Heating
Baseboard heaters, Electric
Lot Features
Dry, Level
Stories
1.5

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Calculator source: Real Geeks