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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 opportunities. **** EXTRAS **** 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)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | X9284660 |
Property Type | Multi-family |
Amenities Near By | Highway |
Parking Space Total | 8 |
Bathroom Total | 4 |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Exterior | 10872 Sqft |
Size Interior | 10872 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Highway |
Size Depth | 165 Ft |
Size Frontage | 66 Ft |
Size Irregular | Bldg=66 X 165 Ft |
Size Total Text | Bldg=66 X 165 Ft |
Zoning Description | 335 - Residential Property With 5 Self |
https://www.realtor.ca/real-estate/27348003/1040-muskoka-road-s-gravenhurst
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