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    For Sale - 211 Bishop Street, Gravenhurst, Ontario

    Est payment $2,280/mo
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    Views   1
    Time on Jump  73 day

    AI Summary *

    • Prime corner lot just steps from downtown Gravenhurst.
    • Fully tenanted 4-plex with great income potential.
    • Three units in the main building and a separate unit.
    • Onsite laundry for extra income and convenience.
    • Future development potential with option to sever lots.




    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 almost 7%. This property features: three units in the main building: a spacious 2-bedroom unit and 2 well-appointed 1-bedroom units. A separate 1-bedroom unit offers 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!
    Listing IDX12566518
    Address211 Bishop Street
    CityGravenhurst, Ontario
    Price$459,900
    Bed / Bath5 / 4 Full
    Style1 1/2 Storey, Fourplex
    ConstructionVinyl Siding
    Land Size0.2
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Accessory ApartmentOutdoor Features Porch, Year Round LivingAmenities Rec./Commun.Centre, Library, SchoolOwnership FreeholdBasement Half, UnfinishedFoundation Poured ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 6.00
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    Listing Agency:  EXIT REALTY TRUE NORTH
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    211 Bishop Street
    Gravenhurst , Ontario
    5 4 $459,900
    Get more info