211 Bishop Street, Gravenhurst, ON P1P 1J5
- $449,900
- 5
- BD
- 4
- BA
- 2,000
- SqFt
- List Price
- $449,900
- MLS#
- X13111888
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Fourplex
- Style
- 1 1/2 Storey
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2000-2500
- Province
- ON
- Municipality
- Gravenhurst
- Area
- Muskoka
- Neighborhood
- Muskoka (S)
- Subdivision
- First St And Bishop St
Property Description
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 almost 7%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers 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!
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Additional Information
- Taxes
- $2,750
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- None
- Kitchens
- 4
- Exterior
- Vinyl Siding
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 6
- Parking Type
- Private Double
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Listing courtesy of EXIT REALTY TRUE NORTH.