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$579,000
Available - For Sale
Listing ID: X12355185
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: $2,340
Tax Type: Annual
Assessment Year: 2025
Occupancy by: 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.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Accommodation
Building Percentage: T
Total Area: 1,628
Total Area Code:  Square Feet
Area Influences: Recreation/Comm  
Approximatly Age: 51-99
Chattels: T
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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Re/Max Professionals North

261 HOTCHKISS Stre , Gravenhurst, P1P 1H7, Muskoka


 
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At a Glance:
Type: Com - Investment
Area: Muskoka
Municipality: Gravenhurst
Neighbourhood: Muskoka (S)
Style:
Lot Size: x 132.00(Acres)
Approximate Age: 51-99
Tax: $2,340
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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