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$449,900
Est. payment /mo
5 Beds
4 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Square Footage 2,000 sqft
Price per Sqft $224
Subdivision Muskoka (S)
MLS® Listing ID X13111888
Bedrooms 5
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! (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 2.73 m X 2.845 m Bedroom
Extra Room 2 Second level 3.226 m X 2.819 m Bedroom 2
Extra Room 3 Second level 5.334 m X 2.62 m Bedroom 4
Extra Room 4 Main level 2.74 m X 2.51 m Bedroom 3
Extra Room 5 Main level 1.89 m X 2.87 m Kitchen
Extra Room 6 Main level 4.35 m X 3.47 m Living room
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage No
Private Pool No
Building
Story 1.5
Sewer Sanitary sewer
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Listed by EXIT REALTY TRUE NORTH
Nearby School & Business
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