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 Stre , 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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Re/Max Professionals North |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Muskoka |
Municipality: | Gravenhurst |
Neighbourhood: | Muskoka (S) |
Approximate Age: | 51-99 |
Tax: | $2,340 |
Baths: | 3 |
Fireplace: | N |