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

4 Beds

4 Baths


UPDATED:

12/16/2024 11:02 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID N9395347

Style Bungalow-Raised

Bedrooms 4

Annual Tax Amount $4,944

Tax Year 2024

Property 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

Province ON

County Durham

Community Uxbridge

Area Durham

Region Uxbridge

City Region Uxbridge

Rooms

Family Room No

Basement Finished with Walk-Out, Apartment

Kitchen 4

Separate Den/Office 3

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Private

Garage Spaces 7.0

Pool None

Roof Type Unknown

Lot Depth 110.43

Total Parking Spaces 8

Building

Unit Features Hospital,Park,Place Of Worship,Public Transit,School

Foundation Unknown


Listed by SUTTON GROUP-HERITAGE REALTY INC.

Salim Walji

Agent | License ID: 9627394

+1(647) 242-3480

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61 Main ST S