211 BISHOP STREET, Gravenhurst (Muskoka (S))
Property Overview - Fourplex For sale
| Price | $ 499 900 | On the Market | 165 days |
|---|---|---|---|
| MLS® # | X12162196 | Type | Fourplex |
| Bedrooms | 5 Bed | Bathrooms | 4 Bath |
| Postal Code | P1P1J5 | ||
| Street | Bishop | Town/Area | Gravenhurst (Muskoka (S)) |
| Property Size | 66 x 132 FT | Building Size | 186 ft2 |
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 6%. 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!
| Size Total | 66 x 132 FT |
|---|---|
| Size Frontage | 66 |
| Size Depth | 132 ft |
| Lot size | 66 x 132 FT |
| Sewer | Sanitary sewer |
| Zoning Description | RM-1 |
Building Details
| Type | Fourplex |
|---|---|
| Stories | 1.5 |
| Property Type | Multi-family |
| Bathrooms Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Cooling Type | None |
| Exterior Finish | Vinyl siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard heaters |
| Size Interior | 186 ft2 |
| Utility Water | Municipal water |
Rooms
| Ground level | Kitchen | 3.1 m x 2.9 m |
|---|
This listing of a Multi-family property For sale is courtesy of RYAN ALLARY from EXIT REALTY TRUE NORTH