Unique multi-family investment opportunity located in downtown Gravenhurst. This three storey 5-plex generates approximately $4,425 in monthly rent. Annual property tax estimate is $5,774.26. The property consists of five 2 bedroom / 1 bathroom apartment units and is conveniently located walking distance to all essential services. Strong opportunity for value add buyer to acquire a stable apartment asset with rental upside in a Muskoka market that is under supplied in residential rental. The surrounding area boasts a wealth of amenities, including shops, restaurants, and recreational activities, all within easy reach. Whether you're looking to enhance your real estate portfolio or embark on a new venture, the potential here
MLS# | 40680384 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Days On Site | 51 |
Listing Provided By | ROYAL LEPAGE SIGNATURE REALTY | Alexis Victor |
SQ Feet | 10,872 |
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Basement | Y |
Story(s) | 2 |
Zoning | D |
State | ON |
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County | Muskoka |
City | Gravenhurst |
Zip Code | P1P 1K6 |
Area | Gravenhurst |
Subarea | Gravenhurst |
Community Name | Gravenhurst |
Listing VS Median (in Gravenhurst) | |
Price: $589,000 low | high Med: $625,000 SqFt: 10,872 low | high Med: 2,176 $ / SqFt: $54 low | high Med: $287 On Site: 51 low | high Med: 48.000000 |