230 Garafraxa Street

View Available Listings Nearby

Listing Description

4 plex in Durham, ON with incredible income potential. 10% cap rate based on projected rental rates. The largest unity was owner occupied and features a nicely updated kitchen, soaring ceilings and fireplace as focal point. This unit is 2 bedrooms, 2.5 baths, as well as a laundry room. Lower level apartment is a full walkout with 2 bedrooms, 1 bathroom, kitchen, dining, living and laundry. Main level front unit features 2 bedrooms, 1 bathroom, laundry, kitchen and living room. Second level apartment is 2 bedrooms, 1 bathroom, laundry, kitchen, dining and living room. All units are separately metered for hydro. Hot water and hot water heat throughout is fired by natural gas boiler (2012). Units are vacant, set your own rents. Lots of parking available, 2 driveways. There is an attached workshop and mechanical area 9'6x25'. Nice outdoor space including retaining walls, deck and patio areas. Good location in Durham within walking distance to parks and shopping.