Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

211 Bishop Street, Gravenhurst, ON P1P 1J5 (First St and Bishop St)
$ 449900 - MLS : X13111888

From Our Gallery

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 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!

Location Description

First St and Bishop St

Property Detail

Community: Muskoka (S)
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 4
Garages: None
Annual Property Taxes : $ 2750

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Poured Concrete
Counstruction Material : Vinyl Siding
Total Parking Space : 6
Parking Type : None

Amenities

Heating : BaseboardElectric
Sewer : Sewer ,

Listing Contracted With: EXIT REALTY TRUE NORTH

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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