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$1,150,000
Available - For Sale
Listing ID: N9395354
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.
Extras:   Building Roof 2024, Garage Roof 2019. SQ.FT above grade according to MPAC 1,435 and lower level is the same size giving it a total Sq.Ft of 2870. Two New (2024) Hot Water Tanks Owned
Price $1,150,000
Taxes: $4,944
Tax Type: Annual
Occupancy by: Tenant
Address: 61 Main St South , Uxbridge, L9P 1J4, Ontario
Postal Code: L9P 1J4
Province/State: Ontario
Legal Description: PT LT 9, BLK 63 PL 83 AS IN D384680 TOWN
Lot Size: 54.56 x 110.43 (Feet)
Directions/Cross Streets: Main St S & Brock St W
Zoning: R2
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 2,870
Total Area Code:  Sq Ft
Area Influences: Grnbelt/Conserv   Public Transit
Financial Statement: Y
Franchise: N
Insurance Expense: $3943
Water Expense: $1570
Gross Income/Sales: $78768
Net Income Before Debt: $62661
Expenses Actual/Estimated: $Est
Sprinklers: N
Width Feet: -2
Heat Type: Baseboard
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-HERITAGE REALTY INC.

61 Main St South , Uxbridge, L9P 1J4, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Durham
Municipality: Uxbridge
Neighbourhood: Uxbridge
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Lot Size: 54.56 x 110.43(Feet)
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Tax: $4,944
Maintenance Fee: $0
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