211 Bishop Street, Gravenhurst, ON

$499,900

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5

Beds

4

Baths

2,000

Square feet

About 211 Bishop Street

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!

Features of 211 Bishop Street

MLS® # X12162196
Price $499,900
Bedrooms 5
Bathrooms 4.00
Square Footage 2,000
Type Residential Freehold
Sub-Type Fourplex
Style 1 1/2 Storey
Status Active

Community Information

Address 211 Bishop Street
Area Muskoka
Subdivision Muskoka (S)
City Gravenhurst
Province ON
Postal Code P1P 1J5

Amenities

Parking Spaces 6
Garages None
Is Waterfront No
Pool None

Interior

Heating Baseboard
Cooling None
Fireplace No
Basement Half, Unfinished

Exterior

Exterior Vinyl Siding

Listing Details

OfficeEXIT REALTY TRUE NORTH

Listing Map

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