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61 Main Street S Uxbridge, Ontario L9P 1J4

7 Bedroom 4 Bathroom
Raised Bungalow Baseboard Heaters

$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 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:58671)

Property Details

MLS® Number N9395347
Property Type Single Family
Community Name Uxbridge
AmenitiesNearBy Hospital, Park, Place Of Worship, Public Transit, Schools
ParkingSpaceTotal 8

Building

BathroomTotal 4
BedroomsAboveGround 4
BedroomsBelowGround 3
BedroomsTotal 7
Amenities Separate Electricity Meters
Appliances Refrigerator, Stove
ArchitecturalStyle Raised Bungalow
BasementDevelopment Finished
BasementFeatures Apartment In Basement, Walk Out
BasementType N/a (finished)
ExteriorFinish Vinyl Siding
FlooringType Hardwood, Vinyl, Laminate, Ceramic
FoundationType Unknown
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 1
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 110 Ft ,5 In
SizeFrontage 54 Ft ,6 In
SizeIrregular 54.56 X 110.43 Ft
SizeTotalText 54.56 X 110.43 Ft
ZoningDescription R2

Rooms

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

https://www.realtor.ca/real-estate/27538849/61-main-street-s-uxbridge-uxbridge

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