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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 5.5%. 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!
Stove x3, Fridge x3, Coin Operated Washer and Dryer
City: Gravenhurst
Neighborhood: Muskoka (S)
Purchase Price | $549900 |
Down Payment | $109980 |
Mortgage Insurance | $0 |
Total Mortgage | $439920 |
Mortgage Payment | $2711 |
Property Taxes | $226 |
Maintenance Fees | $0 |
Monthly Payment | $2937 |
Located at 211 Bishop St , this Gravenhurst house is available for sale. This property was listed for $549,900 on Thu Apr 03 2025. This house's size is 2000-2500 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: Kitchen, Br, 2nd Br, 3rd Br, 4th Br, Kitchen, Living, Kitchen, Living. This property comes with 6 parking spots. 211 Bishop St, Gravenhurst is situated in the Muskoka (S) neighbourhood.
MLS#: X12060068 · $549,900 · 5 bedroom house in Muskoka (S), Gravenhurst