211 BISHOP STREET
Gravenhurst (Muskoka (S)), Ontario
MLS® X13111888
$449,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13111888
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- —
1 / 8Listing 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!
Property summary
- MLS® number
- X13111888
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 66 x 132 FT
- Annual property taxes
- $2,750.00
- Parking
- 6 spaces · No Garage
- Days on market
- 111 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Basement
- Unfinished, Partial
- Appliances
- Washer, Refrigerator, Water meter, Stove, Dryer
- Exterior features
- Vinyl siding
- Lot features
- Dry, Level
- Community features
- Community Centre
What would this home cost you?
Based on the $449,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXIT REALTY TRUE NORTH, SPRINGWATER.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.