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Gravenhurst,ON P1P 1J5
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Muskoka (S)
MLS Listing ID X12060068
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $2,710
Tax Year 2024
Property Sub-Type Fourplex
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 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!
Location
Province ON
County Muskoka
Community Muskoka (S)
Area Muskoka
Rooms
Family Room No
Kitchen 4
Interior
Cooling None
Exterior
Exterior Feature Porch,Year Round Living
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete