Size
-
Lot size
-
Street frontage
-
Possession
Flexible
Price per sqft
$200 - $250
Taxes
$2,710 (2024)
Parking Type
-
Style
1 1/2 Storey
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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!
Broker: EXIT REALTY TRUE NORTH
MLS®#: X12162196
Property details
Parking:
6
Parking type:
-
Property type:
Fourplex
Heating type:
Baseboard
Style:
1 1/2 Storey
MLS Size:
2000-2500 sqft
Lot front:
66 Ft
Lot depth:
132 Ft
Listed on:
May 21, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Kitchen | 4.9 x 9.4 ft | |
Second | Bedroom | 9.0 x 9.3 ft | |
Main | Living Room | 7.7 x 10.6 ft |
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Instant estimate:
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$27,424
lower than listed pricei
High
$502,831
Mid
$472,476
Low
$459,623
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