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Uxbridge,ON L9P1J4
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,870 sqft
Price per Sqft $400
Subdivision Uxbridge
MLS Listing ID N9395354
Originating Board Toronto Regional Real Estate Board
Property Description
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 (id:24570)
Location
Province ON
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No