261 Hotchkiss Street Gravenhurst, Ontario P1P 1H7

$579,000

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. (id:42776)

Property Details

MLS® Number	X12355827
Property Type	Multi-family
Community Name	Muskoka (S)
Amenities Near By	Park, Place Of Worship, Schools
Community Features	Community Centre
Equipment Type	Water Heater - Electric, Water Heater
Features	Level
Parking Space Total	6
Rental Equipment Type	Water Heater - Electric, Water Heater
Structure	Deck

Building

Bathroom Total	3
Bedrooms Above Ground	5
Bedrooms Total	5
Age	51 To 99 Years
Appliances	Water Heater, Water Meter, Range, Refrigerator
Basement Development	Finished
Basement Type	Partial (finished)
Cooling Type	Wall Unit
Exterior Finish	Brick
Fire Protection	Smoke Detectors
Foundation Type	Concrete, Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,100 - 1,500 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Land Amenities	Park, Place Of Worship, Schools
Landscape Features	Landscaped
Sewer	Sanitary Sewer
Size Depth	132 Ft
Size Frontage	66 Ft
Size Irregular	66 X 132 Ft
Size Total Text	66 X 132 Ft|under 1/2 Acre
Zoning Description	Rm1

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28758008/261-hotchkiss-street-gravenhurst-muskoka-s-muskoka-s