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:50886)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X9284660 |
Property Type | Multi-family |
AmenitiesNearBy | Highway |
ParkingSpaceTotal | 8 |
BathroomTotal | 4 |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeExterior | 10872 Sqft |
SizeInterior | 10872 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway |
SizeDepth | 165 Ft |
SizeFrontage | 66 Ft |
SizeIrregular | Bldg=66 X 165 Ft |
SizeTotalText | Bldg=66 X 165 Ft |
ZoningDescription | 335 - Residential Property With 5 Self |
https://www.realtor.ca/real-estate/27348003/1040-muskoka-road-s-gravenhurst
Contact us for more information
Alexis Macintyre Victor
Salesperson
William Kenneth Irons
Salesperson