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 |
Price | $589,000 |
Taxes: | $5774.26 |
Tax Type: | Annual |
Occupancy by: | Vacant |
Address: | 1040 Muskoka Rd South , Gravenhurst, P1P 1K6, Ontario |
Postal Code: | P1P 1K6 |
Province/State: | Ontario |
Legal Description: | LT 16EMR PL 5 GRAVENHURST; GRAVENHURST ; |
Lot Size: | 66.00 x 165.00 (Feet) |
Directions/Cross Streets: | Muskoka Rd. S / First St. S |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 10872.00 |
Total Area Code: | Sq Ft |
Area Influences: | Major Highway |
Franchise: | N |
Sprinklers: | Y |
Washrooms: | 4 |
Soil Test: | N |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | N |
Elevator Lift: | None |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE SIGNATURE REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Muskoka |
Municipality: | Gravenhurst |
Neighbourhood: | |
Style: | |
Lot Size: | 66.00 x 165.00(Feet) |
Approximate Age: | |
Tax: | $5,774.26 |
Maintenance Fee: | $0 |
Beds: | |
Baths: | 4 |
Garage: | 0 |
Fireplace: | |
Air Conditioning: | |
Pool: |