10872 sqft
$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. 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)
Property Details
|
MLS® Number
|
40680384 |
|
Property Type
|
Other |
|
Amenities Near By
|
Schools |
|
Community Features
|
High Traffic Area |
Building
|
Basement Type
|
Full |
|
Stories Total
|
2 |
|
Size Exterior
|
10872.0000 |
|
Size Interior
|
10872 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
165 Ft |
|
Size Frontage
|
66 Ft |
|
Size Total Text
|
1/2 - 1.99 Acres |
|
Zoning Description
|
D |
https://www.realtor.ca/real-estate/27677660/1040-muskoka-road-s-gravenhurst
