$499,900
211 Bishop Street, Gravenhurst, ON P1P 1J5
Property Description
Property type
Fourplex
Lot size
N/A
Style
1 1/2 Storey
Approx. Area
2000-2500 Sqft
Room Information
| Room Type | Dimension (length x width) | Features | Level |
|---|---|---|---|
| Kitchen | 3.1 x 2.9 m | N/A | Ground |
| Bedroom | 2.73 x 2.845 m | N/A | Second |
| Bedroom 2 | 3.226 x 2.819 m | N/A | Second |
| Bedroom 3 | 2.74 x 2.51 m | N/A | Main |
About 211 Bishop Street
Prime 4-Plex Investment Opportunity in the Heart of Gravenhurst! Located on a corner lot just steps from downtown Gravenhurst, this fully tenanted 4-plex offers exceptional income potential with a cap rate of 6%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units along with a separate 1-bedroom unit, offering added privacy and flexibility, with the potential to sever into two lots, creating future development or resale opportunities. Coin-operated laundry is also onsite for additional income and ease. Situated just steps from local shopping, dining and amenities, this property is perfect for investors seeking a turnkey income generator with future growth potential. Don't let this rare opportunity pass you by!
Home Overview
Last updated
May 21
Virtual tour
None
Basement information
Half, Unfinished
Building size
--
Status
In-Active
Property sub type
Fourplex
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location
Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Bishop Street
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