211 Bishop Street Gravenhurst, Ontario P1P 1J5

5 Bedroom 4 Bathroom 2,000 - 2,500 ft2
Baseboard Heaters

$549,900

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 5.5%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units along with a separate 1-bedroom unit, offering 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:61594)

Property Details

MLS® Number X12060068
Property Type Multi-family
Community Name Muskoka (S)
Amenities Near By Schools
Community Features Community Centre
Equipment Type Water Heater - Gas
Features Dry, Level
Parking Space Total 6
Rental Equipment Type Water Heater - Gas
Structure Porch

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Appliances Water Meter, Dryer, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type N/a (unfinished)
Exterior Finish Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Schools
Sewer Sanitary Sewer
Size Irregular 66 X 132 Acre
Size Total Text 66 X 132 Acre
Zoning Description Rm-1

Rooms

Level Type Dimensions
Second Level Bedroom 2.73 m x 2.845 m
Second Level Bedroom 2 3.226 m x 2.819 m
Second Level Bedroom 4 5.334 m x 2.62 m
Main Level Bedroom 3 2.74 m x 2.51 m
Main Level Kitchen 1.89 m x 2.87 m
Main Level Living Room 4.35 m x 3.47 m
Main Level Kitchen 1.49 m x 2.87 m
Main Level Living Room 2.36 m x 3.22 m
Ground Level Kitchen 3.1 m x 2.9 m

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/28116252/211-bishop-street-gravenhurst-muskoka-s-muskoka-s

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