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261 Hotchkiss Street Gravenhurst, Ontario P1P 1H7

5 Bedroom 3 Bathroom 1580
Wall Unit Baseboard Heaters, Forced Air

$649,000

A rare find; a Triplex in Gravenhurst RM1 zoning with stable tenancy and good income. 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:48877)

Property Details

MLS® Number 40485337
Property Type Multi-family
Amenities Near By Place Of Worship, Playground, Schools, Shopping
Community Features Quiet Area
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater
Structure Shed, Porch

Building

Bathroom Total 3
Bedrooms Total 5
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
Size Interior 1580
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Road Access
Acreage No
Land Amenities Place Of Worship, Playground, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 66 Ft
Size Irregular 0.2
Size Total 0.2 Ac|under 1/2 Acre
Size Total Text 0.2 Ac|under 1/2 Acre
Zoning Description Rm1

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September 25 2023 03:26:50

Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®

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