61 Main St, Uxbridge, Ontario L9P 1J4
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft-
Est. Mortgage$4,939/mo
Tax Amount (2024)$4,944/yr
Days On Market68 days
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.
Property Details
Interior
Features
Lower Floor
Br
2.85 x 2.71Laminate
5th Br
3.69 x 3.05Vinyl Floor
Living
4.24 x 3.78Laminate
Kitchen
3.85 x 3.13Ceramic Floor
Exterior
Features
Parking
Garage spaces 1
Garage type Detached
Other parking spaces 7
Total parking spaces 8
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