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:4069)
Address
1040 MUSKOKA Road S
List Price
$589,000
Property Type
Other
Area
Ontario
Sub-Area
Gravenhurst
Floor Area
10,872 Sq. Ft.
MLS® Number
40680384
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
Full
Postal Code
P1P1K6
Zoning
D
Site Influences
Schools
