
211 BISHOP STREET, Gravenhurst , Ontario
$549,900
- 5 Beds
- 4 Baths
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 5.5%. 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:23309)
- Listing ID: X12060068
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 211 BISHOP STREET in Gravenhurst Ontario. It was last modified on April 3rd, 2025. Contact Allan-John Boulanger to schedule a viewing or to discover other Gravenhurst real estate for sale.