211 Bishop Street, Gravenhurst (muskoka (s)) Property Listing: MLS® #X13111888

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 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! (id:36535)

Features of 211 Bishop Street

Listing #	X13111888
Price	$449,900
Bedrooms	5
Bathrooms	4.00
Acres	0.00
Type	Multi-family

Community Information

Address	211 Bishop Street
Subdivision	Muskoka (S)
City	Gravenhurst (muskoka (s))
Province	Ontario
Postal Code	P1P1J5

Amenities

Amenities	Schools
Utilities	Cable, Electricity, Sewer
Features	Dry, Level
Parking Spaces	6
Parking	No Garage
Is Waterfront	No
Has Pool	No

Interior

Appliances	Water meter, Dryer, Stove, Washer, Refrigerator
Heating	Electric Baseboard heaters
Cooling	None
Fireplace	No
# of Stories	2
Has Basement	Yes
Basement Type	Partial (Unfinished)
Basement Development	Unfinished

Exterior

Exterior	Vinyl siding
Lot Description	66 x 132 FT
Foundation	Poured Concrete

Listing Details

Office	Courtesy Of EXIT REALTY TRUE NORTH

211 Bishop Street, Gravenhurst (muskoka (s)), Ontario