261 Hotchkiss St, Gravenhurst, Ontario

Multi-Family for Sale in Gravenhurst

261 Hotchkiss St, Gravenhurst, ON

  • CA$549,000
  • 5 BEDS
  • 3 BATHS
  • 8,712 sq.ft. Land
  • CA$549,000

Multi-Family for Sale in Gravenhurst

261 Hotchkiss St, Gravenhurst, ON

  • CA$549,000
  • 5 BEDS
  • 3 BATHS
  • 8,712 sq.ft. Land
  • CA$549,000

Key Facts

  • MLS® #: X12355827
  • Property ID: SIRC2942907
  • Property Type: Residential, Triplex
  • Lot Size: 8,712 sq.ft.
  • Year Built: 51
  • Bedrooms: 5
  • Bathrooms: 3
  • Additional Rooms: Den
  • Parking Spaces: 6
  • Listed By:
  • Re/Max Professionals North

Property Description

TRIPLEX near Downtown Gravenhurst! Charming home converted to three units with RM1 zoning on quiet street just 2 blocks from the main street. $30,000 in recent upgrades including some new flooring, showers and bathroom fixtures, appliances, painting and eavestroughs. Features include Unit 1) spacious 2-bedroom open concept Kitchen, dining and living room with bedroom on the main level and large bedroom and bathroom on second floor; Unit 2) a 2-bedroom unit with living room. kitchen, bathroom and a bedroom on the main level and a bedroom and den on the lower level; Unit 3) bachelor unit accessible from side deck. There is a detached garage, two driveways and large treelined yard. Annual rent revenue is $53,050 with a CAP Rate of 7.4% a list price. One of 2-bedroom units is available to move in and have others pay your mortgage or buy as an investment property or convert back to a family home with an accessory unit. Steps from Parks, Downtown, Lakes, Beaches, Steamship Wharf, Opera House, YMCA and all the best of Muskoka Living.

Listing Agents

Re/Max Professionals North

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Location

261 Hotchkiss St, Gravenhurst, Ontario, P1P 1H7 Canada

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Home/Ontario/Gravenhurst/MLS® X12355827