211 Bishop Street, Gravenhurst (Muskoka (S))

210 days ago

$459,900

211 Bishop Street

Gravenhurst (Muskoka (S)), Ontario P1P1J5

MLS® Number: X12566518

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5 Bedrooms

4 Bathrooms

2000 Square Feet

Listing 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! (id:47966)

(X12566518)

Property Summary

Property Type Fourplex

Building Type Fourplex

Square Footage

2,000 sqft

Neighbourhood Name Gravenhurst (Muskoka (S))

Time on REALTOR.ca 210 days

Building

Bathrooms

Total 4

Bedrooms

Above Grade 5

Interior Features

Appliances Included Washer, Refrigerator, Water meter, Stove, Dryer

Basement Type Unfinished, Partial

Building Features

Features

Vinyl siding , Dry, Level

Structures

Fourplex

Foundation Type

Poured Concrete

Heating & Cooling

Cooling

None

Heating Type

Baseboard heaters, Electric

Exterior Features

Exterior Finish

Vinyl siding

Location

211 Bishop Street, Gravenhurst (Muskoka (S))

Neighbourhood Features

Community Features

Community Centre

Zoning

RM-1

Parking

Parking Type: No Garage

Total Parking Spaces: 6

Parking Features: No Garage

Measurements

Square Footage: 2,000 sqft

Total Finished Area: 0 sqft

Rooms

Ground level

Kitchen

10.17 Ft x 9.51 Ft

Second level

Bedroom

8.96 Ft x 9.33 Ft

Bedroom 2

10.58 Ft x 9.25 Ft

Bedroom 4

17.5 Ft x 8.6 Ft

Main level

Bedroom 3

8.99 Ft x 8.23 Ft

Kitchen

6.2 Ft x 9.42 Ft

Living room

14.27 Ft x 11.38 Ft

Kitchen

4.89 Ft x 9.42 Ft

Living room

7.74 Ft x 10.56 Ft

Other Property Information

Zoning Description

RM-1