4 Bathroom
10872 sqft
Forced Air
$589,000
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:50976)
Business
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Business Type
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Residential |
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Business Sub Type
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Apartments |
Property Details
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MLS® Number
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X10454135 |
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Property Type
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Multi-family |
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Amenities Near By
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Highway |
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Parking Space Total
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8 |
Building
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Bathroom Total
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4 |
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Heating Fuel
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Natural Gas |
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Heating Type
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Forced Air |
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Size Exterior
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10872 Sqft |
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Size Interior
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10872 Sqft |
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Type
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Multi-family |
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Utility Water
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Municipal Water |
Land
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Acreage
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No |
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Land Amenities
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Highway |
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Size Depth
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165 Ft |
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Size Frontage
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66 Ft |
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Size Irregular
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Bldg=66 X 165 Ft |
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Size Total Text
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Bldg=66 X 165 Ft |
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Zoning Description
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335 - Residential Property With 5 Self |
https://www.realtor.ca/real-estate/27677933/1040-muskoka-road-s-gravenhurst
