5 Beds 4 Bath

211 Bishop Street, Gravenhurst, ON P1P 1J5

Gravenhurst P1P 1J5 Ontario

MLS: X12162196

$499,900

Added 10 days ago | For Sale

Listed by: EXIT REALTY TRUE NORTH

About Property

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!

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 66 X 132
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:First St and Bishop St
  • Basement:Half,Unfinished , Half,Unfinished
  • Possession Date:Flexible
  • Annual Property taxes: $2710
  • Bedrooms:5
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12162196

Level Type Features Dimensions
Main Bedroom 3 9 ft x 8 ft, 3 in
Kitchen 6 ft, 2 in x 9 ft, 5 in
Living Room 14 ft, 3 in x 11 ft, 5 in
Kitchen 4 ft, 11 in x 9 ft, 5 in
Living Room 7 ft, 9 in x 10 ft, 7 in
Ground Kitchen 10 ft, 2 in x 9 ft, 6 in
Second Bedroom 8 ft, 11 in x 9 ft, 4 in
Bedroom 2 10 ft, 7 in x 9 ft, 3 in
Bedroom 4 17 ft, 6 in x 8 ft, 7 in

No property rooms available.

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