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261 Hotchkiss Street, Gravenhurst

Property Overview - Triplex For sale

Price$ 598 000On the Market60 days
MLS® #40542028TypeTriplex
Bedrooms5 BedBathrooms3 Bath
Postal CodeP1P1H7
StreetHOTCHKISSTown/AreaGravenhurst
Property Size0.2 ac|under 1/2 acreBuilding Size1580 ft2

Triplex in Gravenhurst with RM1 zoning and stable tenancy and good income as investment or move in to one unit with tenants rent paying your mortgage. 2 - Two Bedroom units and 1 Bachelor unit; each with 1 bathroom. All in good condition with very good tenants. The building is in a quiet area 2 blocks from the main street and short walk to shopping, restaurants, the beach, library, fitness club, dog park or boardwalk at the Muskoka Wharf. Sound building with updated electrical, windows, eves troughs, shingles, solar tube light, efficient natural gas heating except the Bachelor unit has electric baseboards. Detached single garage, 2 driveways, with driveway parking for 4 vehicles plus the garage and very nice tree surrounded yard. Buy as an investment with lots of upside or move into one of the units with income from the other units. There is always an alternative to combine units for a larger residence with a in-law suite. (id:20829)

Land Details

Size Total0.2 ac|under 1/2 acre
Size Frontage66
Size Depth132 ft
Lot size0.2
Ownership TypeFreehold
SewerMunicipal sewage system
Zoning DescriptionRM1 Gravenhurst - Zoning By-Laws

Building Details

TypeTriplex
Stories2
Property TypeMulti-family
Bathrooms Total3
Bedrooms Total5
Cooling TypeWall unit
Exterior FinishBrick, Stone
Foundation TypeBlock
Heating FuelElectric, Natural gas
Heating TypeBaseboard heaters, Forced air
Size Interior1580 ft2
Utility WaterMunicipal water
View Property on Interactive MapDriving Directions (Google Maps)


This listing of a Multi-family property For sale is courtesy of Hugh Nichols from Remax Professionals North Brokerage Gravenhurst