$579,000
Available - For Sale
Listing ID: X12355185
261 HOTCHKISS Street , Gravenhurst, P1P 1H7, Muskoka
| 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. |
| Price | $579,000 |
| Taxes: | $2340.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 261 HOTCHKISS Street , Gravenhurst, P1P 1H7, Muskoka |
| Postal Code: | P1P 1H7 |
| Province/State: | Muskoka |
| Legal Description: | LT 6 S/S HOTCHKISS ST. PL 8 GRAVENHURST, |
| Directions/Cross Streets: | In Gravenhurst Muskoka Rd. S. to Hotchkiss St. go west 2 blocks to 261 on the southside. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Accommodation |
| Building Percentage: | T |
| Total Area: | 1628.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Recreation/Comm |
| Approximatly Age: | 51-99 |
| Chattels: | T |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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| Re/Max Professionals North |
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At a Glance:
| Type: | Com - Investment |
| Area: | Muskoka |
| Municipality: | Gravenhurst |
| Neighbourhood: | Muskoka (S) |
| Approximate Age: | 51-99 |
| Tax: | $2,340 |
| Baths: | 3 |
| Fireplace: | N |
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