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211 BISHOP STREET,

Property Overview - Fourplex For sale

Price$ 459 900On the Market20413 days
MLS® #X12566518TypeFourplex
Bedrooms5 BedBathrooms4 Bath
Postal CodeP1P1J5
Property SizeBuilding Size0

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!

Land Details

Size Frontage66
Size Depth132 ft
Lot size66 x 132 FT
Zoning DescriptionRM-1

Building Details

TypeFourplex
Property TypeMulti-family
Bathrooms Total4
Bedrooms Above Ground5
Bedrooms Total5
Cooling TypeNone
Exterior FinishVinyl siding
Foundation TypePoured Concrete
Heating FuelElectric
Heating TypeBaseboard heaters
Utility WaterMunicipal water

Rooms

Ground levelKitchen3.1 m x 2.9 m
View Property on Interactive MapDriving Directions (Google Maps)


This listing of a Multi-family property For sale is courtesy of RYAN ALLARY from EXIT REALTY TRUE NORTH