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$589,000
Status: For Sale
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
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40680384 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :16 Dec, 2024 (9 Days ago) |
| Source | :Mississauga |
| Area | :Muskoka |
|---|---|
| City | :Gravenhurst |
| Area Major | :Gravenhurst |
| Area Minor | :Gravenhurst |
| Postal Code | :
P1P 1K6
|
| Directions | :Muskoka Rd. S / First St. S |
| Price | : $589,000 |
|---|---|
| Property Taxes | :$5774.26 |
| Tax Year | :2024 |
|---|
| Place of Worship | :No |
|---|
| Approx Square Footage | :10872 sqft |
|---|
22 Nov, 2024
TREB #40680384
Listed
$589000
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