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$589,000
Est. payment /mo
4 Baths
10,872 SqFt
UPDATED:
11/22/2024 09:06 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 10,872 sqft
Price per Sqft $54
MLS Listing ID X10454135
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
Zoning 335 - Residential property with 5 self
Interior
Cooling No
Exterior
Community Features Major Highway
Utilities Available Yes
Others
Security Features Yes
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Listed by ROYAL LEPAGE SIGNATURE REALTY