Triplex in Gravenhurst with RM1 zoning and stable tenancy and good income as investment or move in to one unit with tenants rent paying your mortgage. 2 - Two Bedroom units and 1 Bachelor unit; each with 1 bathroom. All in good condition with very good tenants. The building is in a quiet area 2 blocks from the main street and short walk to shopping, restaurants, the beach, library, fitness club, dog park or boardwalk at the Muskoka Wharf. Sound building with updated electrical, windows, eves troughs, shingles, solar tube light, efficient natural gas heating except the Bachelor unit has electric baseboards. Detached single garage, 2 driveways, with driveway parking for 4 vehicles plus the garage and very nice tree surrounded yard. Buy as an investment with lots of upside or move into one of the units with income from the other units. There is always an alternative to combine units for a larger residence with a in-law suite. (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
3
Lot
66 x 132 ft
Amenities Nearby
Park, Place of Worship, Playground, Schools, Shopping
Community Features
Quiet Area
Equipment
Water Heater
Listing Contract Date
2024-02-16
Location Description
In Gravenhurst Muskoka Rd. S. to Hotchkiss St. go west 2 blocks to 261 on the southside.
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Shed, Porch
Transaction Type
For sale
Zoning Description
RM1
Building
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Constructed Date
1928
Cooling Type
Wall unit
Exterior Finish
Brick, Stone
Foundation Type
Block
Heating Fuel
Electric, Natural gas
Heating Type
Baseboard heaters, Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
0.2 acres
Access Type
Road access
Amenities
Park, Place of Worship, Playground, Schools, Shopping
Sewer
Municipal sewage system
Size of Irregular Land
0.2
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