About 261 Hotchkiss Street
TRIPLEX near Downtown Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the main street. $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting and eavestroughs. Features include Unit 1) spacious 2-bedroom open concept Kitchen, dining and living room with bedroom on the main level and large bedroom and bathroom on second floor; Unit 2) a 2-bedroom unit with living room. kitchen, bathroom and a bedroom on the main level and a bedroom and den on the lower level; Unit 3) bachelor unit accessible from side deck. There is a detached garage, two driveways and large treelined yard. Annual rent revenue is $53,050 with a CAP Rate of 7.4% a list price. One of 2-bedroom units is available to move in and have others pay your mortgage or buy as an investment property or convert back to a family home with an accessory unit. Steps from Parks, Downtown, Lakes, Beaches, Steamship Wharf, Opera House, YMCA and all the best of Muskoka Living.
Features of 261 Hotchkiss Street
| MLS® # | X12355827 |
|---|---|
| Price | $579,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1,100 |
| Acres | 0.20 |
| Type | Residential Freehold |
| Sub-Type | Triplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 261 Hotchkiss Street |
|---|---|
| Area | Muskoka |
| Subdivision | Muskoka (S) |
| City | Gravenhurst |
| Province | ON |
| Postal Code | P1P 1H7 |
Amenities
| Parking Spaces | 5 |
|---|---|
| # of Garages | 1 |
| Garages | Detached |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
| Basement | Finished, Partial Basement |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | Re/Max Professionals North |
|---|