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.
Mls | X10454135 |
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Listing Type | For Sale |
Subtype | Resale |
Status | New |
Days On Site | 15 |
Listing Provided By | ROYAL LEPAGE SIGNATURE REALTY | Not Provided |
Baths | 4 |
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Sq Feet | 10,890 |
State | ON |
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County | Muskoka |
City | Gravenhurst |
Zip Code | P1P 1K6 |
Listing VS Median (in P1P 1K6) | |
Price: $589,000 low | high Med: $594,000 SqFt: 10,890 low | high Med: 10,881 $ / SqFt: $54 low | high Med: $55 On Site: 15 low | high Med: 57.000000 |