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
PT LT 9, BLK 63 PL 83 AS IN D384680 TOWNSHIP OF UXBRIDGE
Occupancy
Tenant
Possession Date
January, 2025
Taxes (2024)
$4,944
Tax Type
Annual
Directions/Cross Streets
Main St S & Brock St W
Neighbourhood
Uxbridge
Area
Durham
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
54.56 x 110.43 ft
Total Area
2,870 ft2
Elevator
None
Air Conditioning
N
Basement
Y
Garage Type
Single Detached
Parking Spaces
8
Heat Type
Baseboard
Financial Statement
Y
Gross Income/Sales
$78,768
Net Income Before Debt
$62,661
Water Expense
$1,570
Insurance Expense
$3,943
Expenses Actual/Estimated
Est
Area Influences
Grnbelt/Conserv, Public Transit
Sprinklers
N
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
R2
Seller Property Info Statement
N
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