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!
City: Gravenhurst
Located at 211 Bishop Street , this Gravenhurst house was listed for $499,900. It has 5 bedrooms and 4 bathrooms. The property's amenities include Rec./Commun.Centre, Library, School. The property includes the following rooms: . This property comes with 6 parking spots.
MLS#: undefined · $499,900 · 5 bedroom house in Gravenhurst