Melissa Cherry

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61 MAIN STREET S, Uxbridge, Ontario

$1,150,000

7 Beds
4 Baths

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. (id:23309)

Listing ID: N9395347
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom 5	Lower level	3.69 m x 3.05 m
Bedroom	Lower level	2.85 m x 2.71 m
Living room	Lower level	4.24 m x 3.78 m
Kitchen	Lower level	3.85 m x 3.13 m
Living room	Main level	5.27 m x 4.47 m
Kitchen	Main level	3.38 m x 3.35 m
Primary Bedroom	Main level	3.46 m x 2.77 m
Bedroom 2	Main level	3.3 m x 2.7 m
Living room	Main level	4.39 m x 3.17 m
Kitchen	Main level	4.28 m x 3.1 m
Bedroom 3	Main level	3.3 m x 2.78 m
Bedroom 4	Main level	3.47 m x 2.65 m

Details

Architectural Style: Raised bungalow
Amenities Nearby: Hospital, Park, Place of Worship, Public Transit, Schools
Parking Spaces: 8
Transaction: For sale
Zoning Description: R2

Building

Amenities: Separate Electricity Meters
Appliances: Refrigerator, Stove
Architectural Style: Raised bungalow
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Apartment in basement, Walk out
Bedrooms Main Level: 4
Bedrooms Lower Level: 3
Exterior Finish: Vinyl siding
Fireplace Present: False
Flooring: Hardwood, Vinyl, Laminate, Ceramic
Foundation: Unknown
Bathrooms (Total): 4
Heating: Baseboard heaters
Heating Fuel: Electric
Stories Total: 1
Type: Fourplex
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Place of Worship, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 54 ft ,6 in
Size Irregular: 54.56 x 110.43 FT

Listing provided by SUTTON GROUP-HERITAGE REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 61 MAIN STREET S in Uxbridge Ontario. It was last modified on October 15th, 2024. Contact Melissa Cherry to schedule a viewing or to discover other Uxbridge homes for sale.

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