376 Garafraxa Street N Durham, Ontario N0G 1R0
$699,900
Opportunity knocks to get into the rental market with this 4-plex in Durham. Live in one unit while the rest pay the mortgage, or keep it as it is with this solid building having long time tenants hence the lower rents, which are due for a raise. Property has a large 2 bedroom unit that's almost 1400 sq ft, along with 2 more 2 bedrooms units & a 1 bedroom. 4 Stoves & 4 Fridges included with tenants paying heat & hydro. There is also laundry hookups if so wanted. In today's rising house market this property could be for you. Current total monthly rent is $3100.00/month allowing for an approximate 4.3% cap rate. (id:47238)
Property Details
| MLS® Number | 40197839 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Hospital, Place Of Worship, Playground, Schools |
| Community Features | Community Centre, School Bus |
| Features | Conservation/green Belt, Golf Course/parkland |
| Parking Space Total | 4 |
Building
| Bedrooms Total | 7 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 4000 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Place Of Worship, Playground, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 165 Ft |
| Size Frontage | 60 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
Utilities
| Cable | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/23925816/376-garafraxa-street-n-durham
Interested?
Contact us for more information
Bruce Marshall
Salesperson
(519) 369-2429
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Po Box 675, 124 Garafraxa Street S.
Durham, Ontario N0G 1R0
(519) 369-2000
(519) 369-2429
www.cedarglen.c21.ca
Paul Mcdonald
Salesperson
(519) 369-2429
www.facebook.com/pages/Century-21-Cedar-Glen-LTD-Brokerage/130174620438834
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Po Box 675, 124 Garafraxa Street S.
Durham, Ontario N0G 1R0
(519) 369-2000
(519) 369-2429
www.cedarglen.c21.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 08 2022 04:04:02
REALTORS® Association of Grey Bruce Owen Sound
Century 21 Cedar Glen Ltd Brokerage