211 BISHOP STREET, Gravenhurst (Muskoka (S)), Ontario, P1P1J5
MLS: X12566518 | Fourplex
$459,900
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:64974)
Quick Facts
- Property Type: Fourplex
- Bedrooms: 5 (5 above)
- Bathrooms: 4
- Attached: Yes
- Parking: 6 spaces (No Garage)
- Frontage: 66 ft (20.1 m)
Costs
- Annual Taxes: $2,710.00
Listing Provided by: EXIT REALTY TRUE NORTH
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Electric
- Cooling: None
- Basement: Unfinished, Partial
- Appliances: Washer, Refrigerator, Water meter, Stove, Dryer
- Utilities: Sewer, Electricity, Cable
Exterior & Construction
- Exterior: Vinyl siding
- Foundation: Poured Concrete
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 66 ft (20.1 m)
- Features: Dry, Level
- Zoning: RM-1
Community & Neighbourhood
- Community: Community Centre
- Neighbourhood: Muskoka (S)
Room Details (9 rooms)
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 211 BISHOP STREET, Gravenhurst (Muskoka (S)), Ontario, P1P1J5
Location & Neighborhood
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