61 Main Street S Uxbridge ON L9P 1J4
$ 1,150,000

Listing ID

#N9395347

Property Type

Fourplex

Property Style

Bungalow-Raised

County

Durham

Neighborhood

Uxbridge

Days on website

90

Description
Investment Opportunity in Uxbridge: Charming Fourplex, Located in the heart of historic Uxbridge, this converted church presents a fantastic investment opportunity, this 4plex has been a multiplex for decades. This well-maintained fourplex features three 2-bedroom units and one 1-bedroom unit, all 4 bathrooms are 4pcs, ideal for seasoned investors or newcomers to the rental market. Three recently renovated units and one 2-bedroom unit in very good shape, each with private entrances and separate hydro meters. One unit is vacant for easy showings and immediate rental potential. Detached Garage, Includes a separately rented garage. 7 dedicated parking spaces for tenants. Strong rental income, with high Cap rate and positive cashflow potential, with two below-market units, one slightly lower and the other unit much lower, presenting opportunities for increased revenue. Low Maintenance Costs, Enjoy character and curb appeal with minimal upkeep. Walking distance to shops, schools, and Elgin Park. Interior Pictures are of Unit 1, 3 and 4. Financials are available upon request. 5.39% Cap Rate with the potential of more with some expense adjustments.
Location
Financial Information
List Price:  $ 1150000
Taxes:  $ 4944
Property Features
Basement:  Apartment, Finished with Walk-Out
Exterior:  Vinyl Siding
Foundation Details:  Unknown
Fronting On:  East
Garage Type:  Detached
Heat Source:  Electric
Heat Type:  Baseboard
Interior Features:  Separate Hydro Meter
Lease:  For Sale
Parking Features:  Private
Property Features/ Area Influences:  Hospital, Park, Place Of Worship, Public Transit, School
Roof:  Unknown
Sewers:  Sewer
Listed By:     SUTTON GROUP-HERITAGE REALTY INC.