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 opportunities. **** EXTRAS **** 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 (id:4069)
| Address |
1040 MUSKOKA ROAD S |
| List Price |
$589,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Multi-Family |
| Area |
Ontario |
| Sub-Area |
Gravenhurst |
| Bathrooms |
4 |
| Floor Area |
10,872 Sq. Ft. |
| Lot Size |
Bldg=66 x 165 FT Sq. Ft. |
| MLS® Number |
X10454135 |
| Listing Brokerage |
ROYAL LEPAGE SIGNATURE REALTY
|
| Postal Code |
P1P1K6 |
| Zoning |
335 - Residential property with 5 self |
| Site Influences |
Highway |
