211 Bishop Street,Gravenhurst (Muskoka (S)), ON P1P1J5
Gravenhurst (Muskoka (S)), ON P1P1J5
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:13843)
Details
| MLS # | X13111888 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 178 |
| Listing Provided By | EXIT REALTY TRUE NORTH | RYAN ALLARY |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | RM-1 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Electric |
| Appliances | Washer, Refrigerator, Water meter, Stove, Dryer |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Dry, Level |
|---|---|
| Foundation Details | Poured Concrete |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 6 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 2750 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Gravenhurst (Muskoka (S)) |
| Postal Code | P1P1J5 |
| Listing VS Median (in P1P1J5) | |
Price: $449,900 low | high Med: $414,450 sqft: 2,000 low | high Med: 1,550 $ / sqft: $225 low | high Med: $285 On site: 178 low | high Med: 108 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Gravenhurst (Muskoka (S)) |
| Postal Code | P1P1J5 |
| Listing VS Median (in P1P1J5) | |
Price: $449,900 low | high Med: $414,450 sqft: 2,000 low | high Med: 1,550 $ / sqft: $225 low | high Med: $285 On site: 178 low | high Med: 108 | |
