211 Bishop St

For Sale New 5 Days
$499,900
5 beds
4 baths

211 Bishop St

For Sale New 5 Days
$499,900
5 beds
4 baths

Highlights

Key insights

Description

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! (id:63267)

RYAN ALLARY of EXIT REALTY TRUE NORTH,
#X12162196
updated 5 days ago.
Houseful checked MLS® for data 5 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Electric
  • Heat type
    Baseboard heaters
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    6
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    5
Location
  • Community features
    Community centre
  • Subdivision
    Muskoka (s)
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12162196
  • Property sub type
    Multi-family
  • Status
    Active
Rooms Information metric
  • 2nd bedroom
    3.226m X 2.819m
    Level: 2nd
  • Bedroom
    2.73m X 2.845m
    Level: 2nd
  • 4th bedroom
    5.334m X 2.62m
    Level: 2nd
  • Kitchen
    3.1m X 2.9m
    Level: Ground
  • Living room
    4.35m X 3.47m
    Level: Main
  • Kitchen
    1.49m X 2.87m
    Level: Main
  • Kitchen
    1.89m X 2.87m
    Level: Main
  • Living room
    2.36m X 3.22m
    Level: Main
  • 3rd bedroom
    2.74m X 2.51m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28343260/211-bishop-street-gravenhurst-muskoka-s-muskoka-s
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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