61 MAIN STREET S

Uxbridge, Ontario, L9P1J4, Canada

$1,150,000

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.

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

EXTRAS: Conservation/green belt

Last updated on : Wednesday 11th of December 2024 05:33:34 PM

ADDRESS

Street : 61 MAIN STREET S

City : Uxbridge

Province : Ontario

Country : Canada

Postal Code : L9P1J4

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PROPERTY SUMMARY

Property ID : N9395354

Building Type : Multi-Family

Property Type : Multi-family

Parking : 8

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