The Jennifer Jones Team, LPT Realty, Brokerage
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Gravenhurst (Muskoka (S)), ON

211 BISHOP STREET

$449,900

Listed by
EXIT REALTY TRUE NORTH
RYAN ALLARY, Salesperson

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Detached at 211 BISHOP STREET, Gravenhurst (Muskoka (S)), ON
211 BISHOP STREET, Gravenhurst (Muskoka (S)), ON, photo 2211 BISHOP STREET, Gravenhurst (Muskoka (S)), ON, photo 3

Property facts

Price
$449,900
Type
Detached
Bedrooms
5
Bathrooms
4
MLS®
X13111888
Status
active
Brokerage
EXIT REALTY TRUE NORTH

About this home

Description provided by the listing brokerage

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!

Location

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Home value