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$ 1,150,000
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Active
61 MAIN STREET S Uxbridge, ON L9P1J4
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Uxbridge
MLS® Listing ID N9395347
Style Raised bungalow
Bedrooms 7
Originating Board Toronto Regional Real Estate Board
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. **** EXTRAS **** Building Roof 2024, Garage Roof 2019. Two New (2024) Hot Water Tanks Owned (id:24570)
Location
Province ON
Rooms
Extra Room 1 Lower level 3.69 m X 3.05 m Bedroom 5
Extra Room 2 Lower level 2.85 m X 2.71 m Bedroom
Extra Room 3 Lower level 4.24 m X 3.78 m Living room
Extra Room 4 Lower level 3.85 m X 3.13 m Kitchen
Extra Room 5 Main level 5.27 m X 4.47 m Living room
Extra Room 6 Main level 3.38 m X 3.35 m Kitchen
Interior
Heating Baseboard heaters
Flooring Hardwood, Vinyl, Laminate, Ceramic
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Raised bungalow
Listed by SUTTON GROUP-HERITAGE REALTY INC.
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