61 Main St S - Apartments FOR SALE


Uxbridge, ON L9P 1J4
$1,150,000 CAD
905-430-9000
61 Main St S, Uxbridge, ON for Sale
$1,150,000 CAD
Apartments - FOR SALE
1/7
null | 5.39% Cap Rate

61 Main St S
Uxbridge, ON L9P 1J4


HIGHLIGHTS

  • 3 two bedroom units, 1 one bedroom unit
  • Private Entrances
  • Recent Renovations

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,150,000 CAD

PRICE/SF

$401 CAD /SF

# OF UNITS

4

PRICE/UNIT

$287,500

CAP RATE

5.39%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,400 SF

ZONING

R2

APN/PARCEL ID

182904000316900

ASK ABOUT THIS PROPERTY

Greg BrownSutton Group - Heritage Realty Inc., BrokerageMore Info
905-430-9000

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Greg BrownSutton Group - Heritage Realty Inc., BrokerageMore Info
905-430-9000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.