LOADING

376 Garafraxa Street N Durham, Ontario N0G 1R0

7 Bedroom 4000
None Baseboard Heaters

$699,900.00

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. Total monthly rent will be $3100.00/month after July 1, 2022 allowing for an approximate 4.2% cap rate. (id:40674)

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

Bruce Marshall
Salesperson

(519) 369-8114
(519) 369-2429
https
http