261 HOTCHKISS ST Active Save Request In-Person Tour Request Virtual Tour
Gravenhurst,ON P1P 1H7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Muskoka (S)
MLS Listing ID X12355827
Style 2-Storey
Bedrooms 5
Annual Tax Amount $2,340
Tax Year 2025
Property Sub-Type Triplex
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.
Location
Province ON
County Muskoka
Community Muskoka (S)
Area Muskoka
Rooms
Family Room Yes
Kitchen 3
Interior
Cooling Wall Unit(s)
Exterior
Exterior Feature Landscaped,Year Round Living,Deck
Parking Features Private Double
Garage Spaces 1.0
Pool None
View Garden
Roof Type Asphalt Shingle
Building
Building Age 51-99
Foundation Concrete,Stone
New Construction false