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211 Bishop Street, Gravenhurst (Muskoka (S)), ON P1P1J5
Listing provided by Ryan Allary together with EXIT REALTY TRUE NORTH, BROKERAGE
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$499,900
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Home Details for 211 Bishop Street
Price
$499,900
Type
Multi Family
Bedrooms
5
Total Bathrooms
4
Listing #
X12162196
On exitrealty.com
182 days
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 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! (id:31684)
- Heating Information
- Baseboard
- Electric
- Cooling Information
- None
Listing Courtesy: EXIT REALTY TRUE NORTH
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Market statistics compiled from data from Canadian Real Estate Association.
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EXIT REALTY TRUE NORTH, BROKERAGE
1004B Carson Road, Suite 5, Springwater, ON L9X 0T1
Ryan Allary
License #: 5001744Sales Representative
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$499,900
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EXIT REALTY TRUE NORTH, BROKERAGE
1004B Carson Road, Suite 5, Springwater, ON L9X 0T1
Ryan Allary
License #: 5001744Sales Representative