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Key Facts
Key facts for 261 HOTCHKISS Street
Property Type
Apartment, 2-Storey
Parking
Detached 1 garage, 6 parking
MLS #
X12355827
Size
1100-1500 sqft
Basement
Finished,Partial Basement
Listed on
2025-08-19
Lot size
66 x 132.0
Tax
$2,340 /yr
Days on Market
4
Approximate Age
51-99
Maintenance Fee
-
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) spaciou...s 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.
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