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Gravenhurst (muskoka (s)),ON P1P1J5
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $249
Subdivision Muskoka (S)
MLS Listing ID X12162196
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 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! (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Building
Story 1.5
Sewer Sanitary sewer