211 BISHOP STREET, Gravenhurst, Ontario P1P 1J5
$449,900.00
- 5 bedrooms
- 4 bathrooms
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 ... read more
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:25417)
- Listing ID: X13111888
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 66 by 132 FT |
| Parking: | No Garage 6 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Fourplex |
| Appliances: | Dryer, Refrigerator, Stove, Washer and Water Meter |
| HVAC: | Baseboard Heaters and Fireplace Electric |
| Exterior: | Vinyl Siding |
| Basement: | Partial (Unfinished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| Town: | Gravenhurst |
| Province: | Ontario |
| Nearby Amenities: | Community Centre and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 2.73 m x 2.845 m |
| Bedroom 2 | Second level | 3.226 m x 2.819 m |
| Bedroom 4 | Second level | 5.334 m x 2.62 m |
| Bedroom 3 | Main level | 2.74 m x 2.51 m |
| Kitchen | Main level | 1.89 m x 2.87 m |
| Living room | Main level | 4.35 m x 3.47 m |
| Kitchen | Main level | 1.49 m x 2.87 m |
| Living room | Main level | 2.36 m x 3.22 m |
| Kitchen | Ground level | 3.1 m x 2.9 m |
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