Courtesy of: Alexis Victor, Salesperson, ROYAL LEPAGE SIGNATURE REALTY
$589,000
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10,872 square feet
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Other
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$589,000
1040 MUSKOKA Road S 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. The surrounding area boasts a wealth of amenities, including shops, restaurants, and recreational activities, all within easy reach. Whether you're looking to enhance your real estate portfolio or embark on a new venture, the potential here (id:203)