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$ 599,000
Est. payment | /mo
4 Baths
10,872 SqFt
$ 599,000
Est. payment | /mo
4 Baths
10,872 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 10,872 sqft
Price per Sqft $55
MLS Listing ID X9284660
Annual Tax Amount $5,774
Tax Year 2024
Property Description
Unique multi-family investment opportunity located in downtown Gravenhurst. This three storey 5-plex generates approximately $4,425 in monthly rent. Annual property tax estimate is $5,774.26. The property consists of five 2 bedroom / 1 bathroom apartment units and is conveniently located walking distance to all essential services. Strong opportunity for value add buyer to acquire a stable apartment asset with rental upside in a Muskoka market that is under supplied in residential rental opportunities.
Location
Province ON
County Muskoka
Community Major Highway
Interior
Cooling No
Exterior
Garage Spaces 8.0
Community Features Major Highway
Utilities Available Yes
Parking Type None
Others
Security Features Yes
Listed by ROYAL LEPAGE SIGNATURE REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "