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:56069)
| MLS® Number | N9395347 |
| Property Type | Single Family |
| Community Name | Uxbridge |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Parking Space Total | 8 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 7 |
| Amenities | Separate Electricity Meters |
| Appliances | Refrigerator, Stove |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out |
| Basement Type | N/a (finished) |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Hardwood, Vinyl, Laminate, Ceramic |
| Foundation Type | Unknown |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Detached Garage |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft ,5 In |
| Size Frontage | 54 Ft ,6 In |
| Size Irregular | 54.56 X 110.43 Ft |
| Size Total Text | 54.56 X 110.43 Ft |
| Zoning Description | R2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom 5 | 3.69 m | 3.05 m | 3.69 m x 3.05 m |
| Lower Level | Bedroom | 2.85 m | 2.71 m | 2.85 m x 2.71 m |
| Lower Level | Living Room | 4.24 m | 3.78 m | 4.24 m x 3.78 m |
| Lower Level | Kitchen | 3.85 m | 3.13 m | 3.85 m x 3.13 m |
| Main Level | Living Room | 5.27 m | 4.47 m | 5.27 m x 4.47 m |
| Main Level | Kitchen | 3.38 m | 3.35 m | 3.38 m x 3.35 m |
| Main Level | Primary Bedroom | 3.46 m | 2.77 m | 3.46 m x 2.77 m |
| Main Level | Bedroom 2 | 3.3 m | 2.7 m | 3.3 m x 2.7 m |
| Main Level | Living Room | 4.39 m | 3.17 m | 4.39 m x 3.17 m |
| Main Level | Kitchen | 4.28 m | 3.1 m | 4.28 m x 3.1 m |
| Main Level | Bedroom 3 | 3.3 m | 2.78 m | 3.3 m x 2.78 m |
| Main Level | Bedroom 4 | 3.47 m | 2.65 m | 3.47 m x 2.65 m |
https://www.realtor.ca/real-estate/27538849/61-main-street-s-uxbridge-uxbridge
Contact us for more information
Greg Brown
Salesperson
(905) 619-9500
(905) 619-3334
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