$459,900

Fourplex

211 Bishop Street, Gravenhurst, ON

31 DAYS
5
4
0
2000-2500
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Listed by EXIT REALTY TRUE NORTH

Property Highlights

Parking

6 spaces

Property Tax

$2,710/yr

Lot Size

8,712 sqft

Style

1 1/2 Storey

Basement

Half, Unfinished

Monthly Cost

$2,168/mo

About This Home

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!

Monthly Cost

Monthly Mortgage$1,942
Property Tax ($2,710/yr)$226
Total$2,168

Price & Listing History

Schools

Location

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Rooms

Ground Level

Kitchen: 3.10m × 2.90m

Main Level

Living Room: 4.35m × 3.47m
Kitchen: 1.49m × 2.87m
Bedroom 3: 2.74m × 2.51m
Living Room: 2.36m × 3.22m
Kitchen: 1.89m × 2.87m

Second Level

Bedroom 2: 3.23m × 2.82m
Bedroom: 2.73m × 2.85m
Bedroom 4: 5.33m × 2.62m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage