Description

 Price: $ 449,900.00 MLS^®: X13111888         Location : 211 Bishop Street, Gravenhurst, ON P1P 1J5

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!

Location Description

First St and Bishop St

Property Details

• Community: Muskoka (S)
• Property Type: Tenant/Residential Freehold
• Bedrooms: 5
• Bath: 4
• Garages: None

Building Features

• Foundation Type: Poured Concrete
• Construction Material: Vinyl Siding
• Total Parking Space: 6

Features

• Heating: Baseboard Electric
• Sewer: Sewer ,