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211 Bishop Street, Gravenhurst, ON P1P 1J5

$449,900

211 Bishop Street, Gravenhurst — MLS X13111888
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Beds
5
Baths
4
Sqft
2000-2500
Type
Fourplex
Style
1 1/2 Storey
Parking
6
Heating
Baseboard
A/C
None
Basement
Half, Unfinished
MLS®
X13111888

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!

This fourplex sits in Muskoka (S), in Gravenhurst. Gravenhurst is Muskoka’s gateway town, home to the Muskoka Wharf, steamship cruises, and a mix of in-town homes and lakefront getaways.

Browse more on our Gravenhurst community page, or see every local listing at our listings search.

Thinking of a move of your own? We list homes across Simcoe County and beyond for a 1% listing commission with full service included. Questions about this property or the market? Contact us or call 705-722-9111.

Listing courtesy of EXIT REALTY TRUE NORTH.

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