10872 sqft
$589,000
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 (id:56991)
Property Details
MLS® Number
|
40680384 |
Property Type
|
Other |
AmenitiesNearBy
|
Schools |
CommunityFeatures
|
High Traffic Area |
Building
BasementType
|
Full |
FireplacePresent
|
No |
StoriesTotal
|
2 |
SizeExterior
|
10872.0000 |
SizeInterior
|
10872 Sqft |
UtilityWater
|
Municipal Water |
Land
AccessType
|
Highway Access |
Acreage
|
No |
LandAmenities
|
Schools |
Sewer
|
Municipal Sewage System |
SizeDepth
|
165 Ft |
SizeFrontage
|
66 Ft |
SizeTotalText
|
1/2 - 1.99 Acres |
ZoningDescription
|
D |