211 Bishop Street, Gravenhurst (Muskoka (S)), Ontario

$449,900

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5

Beds

4

Baths

About 211 Bishop Street

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:6289)

Features of 211 Bishop Street

Listing # X13111888
Price $449,900
Bedrooms 5
Bathrooms 4.00
Type Multi-family

Community Information

Address 211 Bishop Street
Subdivision Muskoka (S)
City Gravenhurst (Muskoka (S))
Province Ontario
Postal Code P1P1J5

Amenities

Utilities Sewer, Electricity, Cable
Features Dry, Level
Parking Spaces 6
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Refrigerator, Water meter, Stove, Dryer
Heating Baseboard heaters, Electric
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Basement Unfinished, Partial

Exterior

Exterior Vinyl siding
Lot Description 66 x 132 FT
Foundation Poured Concrete

Listing Details

OfficeEXIT REALTY TRUE NORTH

Listing Map

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