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!
EXTRAS: Washer, Refrigerator, Water meter, Stove, Dryer
Last updated on : Monday 21st of April 2025 02:50:40 PM
Street : 211 BISHOP STREET
City : Gravenhurst (Muskoka (S))
Country : Canada
Postal Code : P1P1J5
Property ID : X12060068
Building Type : Fourplex
Property Type : Multi-family
Bedrooms : 5
Bathrooms : 4
Parking : 6
Parking Type: No Garage