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