Quick Summary
Quick Summary
- Stable multi-family investment property
- Generates $4,425 in monthly rental income
- Conveniently located near essential services
- Opportunity for value-add rental upside
- Situated in an undersupplied rental market
- Surrounded by abundant local amenities
- Suitable for portfolio enhancement or new venture
- Annual property tax estimate of $5,774.26
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... Show More
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:54626)
Property Details
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For Sale Nearby
Sold Nearby
- 1
- 1
- 3,500 - 5,000 Sq. Ft.
- 6
- 10
- 1,500 - 2,000 Sq. Ft.
- 5
- 2
- 1,500 - 2,000 Sq. Ft.
- 2
- 2
- 700 - 1,100 Sq. Ft.
- 2
- 1
- 1,100 - 1,500 Sq. Ft.
- 3
- 1
- 4
- 2
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