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!
Details
X12566518
6
$459,900
0.2 N/A
2000-2500 Sqft
N/A
5
4
Fourplex
None
4 + 4
1 1/2 Storey
Sale
Additional details
N
N/A
N
0.2
Half,Unfinished
None
Porch,Year Round Living
Rec./Commun.Centre,Library,School
Municipal
Schools Nearby
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FAQ
What is the total square footage of the X12566518 - 211 Bishop Street, Gravenhurst, ON P1P 1J5?
The total square footage of this property is 2000-2500 SqFt.
What schools near to X12566518 - 211 Bishop Street, Gravenhurst, ON P1P 1J5?