211 Bishop Street, Gravenhurst, Ontario P1P 1J5 is For Sale and has a listing price of 499,900. The property is located in the Gravenhurst . It's been on the website for 60 Days.
Prime 4-Plex Investment Opportunity in the Heart of Gravenhurst! Located on a corner lot just steps from downtown Gravenhurst, this fully tenanted 4-plex offers exceptional income potential with a cap rate of 6%. This property features: Three units in the main building: A spacious 2-bedroom unit and 2 well-appointed 1-bedroom units along with a separate 1-bedroom unit, offering added privacy and flexibility, with the potential to sever into two lots, creating future development or resale opportunities. Coin-operated laundry is also onsite for additional income and ease. Situated just steps from local shopping, dining and amenities, this property is perfect for investors seeking a turnkey income generator with future growth potential. Don’t let this rare opportunity pass you by!
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
05/21/2025 | X12162196 | $499,900 | For Sale | - | - |
04/03/2025 | X12060068 | $549,900 | Cancelled | 05/21/2025 | - |