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! (id:52316)
EXIT REALTY TRUE NORTH
$549,900
211 BISHOP STREET, Gravenhurst, Ontario
5 Bedrooms
4 Bathrooms
Property
MLS® Number: X12060068
Address: 211 BISHOP STREET
City: Gravenhurst
Exterior: Vinyl siding
Utilities
Heating: Baseboard Heaters, Electric
Parking
Parking Spaces: 6
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