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

Listing ID

#N9395354

Property Type

Investment

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 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 renovated units and one 1-bedroom unit, 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. Financials 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
Area Influences:  Greenbelt/Conservation, Public Transit
Garage Type:  Single Detached
Heat Type:  Baseboard
Lease:  For Sale
Lot Shape:  Rectangular
Utilities:  Yes
Listed By:     SUTTON GROUP-HERITAGE REALTY INC.