261 HOTCHKISS STREET new

Gravenhurst (muskoka (s)),ON P1P1H7

$ 579000

5 Beds

3 Baths

1100 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $526

Subdivision Muskoka (S)

MLS Listing ID X12355827

Bedrooms 5

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Wall unit

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Building

Lot Description Landscaped

Story 2

Sewer Sanitary sewer

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