Unique multi-family investment opportunity located in downtown Gravenhurst. This three storey 5-plex generates approximately $4,425 in monthly rent. Annual property tax estimate is $5,774.26. The property consists of five 2 bedroom / 1 bathroom apartment units and is conveniently located walking distance to all essential services. Strong opportunity for value add buyer to acquire a stable apartment asset with rental upside in a Muskoka market that is under supplied in residential rental opportunities. **** EXTRAS **** The surrounding area boasts a wealth of amenities, including shops, restaurants, and recreational activities, all within easy reach. Whether you're looking to enhance your real estate portfolio or embark on a new venture, the potential here (id:31697)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X9284660 |
| Property Type | Multi-family |
| AmenitiesNearBy | Highway |
| ParkingSpaceTotal | 8 |
| BathroomTotal | 4 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 10872 Sqft |
| SizeInterior | 10872 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Highway |
| SizeDepth | 165 Ft |
| SizeFrontage | 66 Ft |
| SizeIrregular | Bldg=66 X 165 Ft |
| SizeTotalText | Bldg=66 X 165 Ft |
| ZoningDescription | 335 - Residential Property With 5 Self |
https://www.realtor.ca/real-estate/27348003/1040-muskoka-road-s-gravenhurst
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