Description
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 6%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units along with a separate 1-bedroom unit, offering 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!
Overview
Property ID:
X12162196
Type:
Fourplex
Bedrooms:
5
Bathrooms:
4
Square:
2,250 m²
Price:
$499,900
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
None
Heating:
Baseboard
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
2710
PossessionDetails:
Flexible
Map
-
AddressGravenhurst
Contact Agency
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