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:4555)
PROPERTY SPECS
Price $459,900
City Gravenhurst), Ontario
Bed / Bath 5 / 4 Full
Address 211 Bishop Street
Listing ID X12566518
Style Fourplex
Parking 6.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Community FeaturesCommunity CentreFeaturesDry, LevelOwnershipFreeholdBasementUnfinished, PartialHeating / CoolingBaseboard heaters, ElectricSewerSanitary sewerParking6.00