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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:53086)
MLS® Number | 40680384 |
Property Type | Other |
Amenities Near By | Schools |
Community Features | High Traffic Area |
Basement Type | Full |
Stories Total | 2 |
Size Exterior | 10872.0000 |
Size Interior | 10872 Sqft |
Utility Water | Municipal Water |
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
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