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+16478928259
PSR Brokerage
211 Bishop Street, Gravenhurst (Muskoka (S)), Ontario P1P1J5
Listing courtesy of EXIT REALTY TRUE NORTH.
- $449,900
- 5
- BD
- 4
- BA
- List Price
- $449,900
- MLS®
- X13111888
- Days on Market
- 165
- 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
