4 Bathroom
10872 sqft
Forced Air
$589,000
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:41954)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X10454135 |
Property Type
|
Multi-family |
Amenities Near By
|
Highway |
Parking Space Total
|
8 |
Building
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 |
Land
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/27677933/1040-muskoka-road-s-gravenhurst