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$499,900

Added 2 months ago

211 Bishop St, Gravenhurst, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$499,900

Added 2 months ago

54-6
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage No
Taxes $2,710
Days Active 53
Lot Size 
Approx. Age 
MLS® Number X12162196

Property Address: 211 Bishop St, Gravenhurst, Ontario

Average square foot calculated using Size range provided by listing agent.

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 6%. 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!
MLS® NumberX12162196
Laundry Level
Central VacNo
FireplaceNo
Acreage
ExteriorPorch, Year Round Living
GarageNo
Approx. Age
BasementHalf, Unfinished
DrivewayGarage Type:None
Garage Spaces
HeatElectric, Baseboard
A/CNone
Heating Fuel

Extras

Rooms

Bedroom 2:Second9.26 × 10.6 ft
211 Bishop St, Gravenhurst, ON

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