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.
MLS# | 40638286 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 44 |
Listing Provided By | ROYAL LEPAGE SIGNATURE REALTY | Alexis Victor |
SQ Feet | 10,872 |
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Basement | Y |
Story(s) | 2 |
Zoning | D |
Province | ON |
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County | Muskoka |
City | Gravenhurst |
Postal Code | P1P 1K6 |
Area | Gravenhurst |
Subarea | Gravenhurst |
Community Name | Gravenhurst |
Listing VS Median (in Gravenhurst) | |
Price: $599,000 low | high Med: $674,900 SqFt: 10,872 low | high Med: 2,168 $ / SqFt: $55 low | high Med: $311 On Site: 44 low | high Med: 59.000000 |