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261 Hotchkiss Street

Gravenhurst, Ontario

$598,000

5

Beds

3

Baths

About 261 Hotchkiss Street

Triplex in Gravenhurst with RM1 zoning and stable tenancy and good income as investment or move in to one unit with tenants rent paying your mortgage. 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:6289)

Features of 261 Hotchkiss Street

Listing # 40542028
Price $598,000
Bedrooms 5
Bathrooms 3
Year Built 1928
Type Multi-family
Sub-Type Freehold
Status Active

Community Information

Address 261 Hotchkiss Street
Subdivision Gravenhurst
City Gravenhurst
Province Ontario
Postal Code P1P1H7

Amenities

Amenities Park, Place of Worship, Playground, Schools, Shopping
Parking Spaces 5
Parking Detached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Cooling Wall unit
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Brick, Stone
Foundation Block

Listing Details

OfficeRe/Max Professionals North, Brokerage, Gravenhurst

Listing Map