$4,650,000
23
Beds
12
Baths
10,437
Living Area
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Property Description
109 Oxford St consists of a three-story brick building with 12 residential units consisting of (11) 2-Bedroom/1-Bathroom units and 1 Studio unit. The Property also features an on-site laundry facility and 14 parking spaces. 109 Oxford has been well-maintained throughout ownership. The building’s roof and windows have been replaced as well as new electrical panels for several units. A number of apartments have been updated, including new appliances, re-finished hardwood flooring (most units feature hardwood floors), new carpeting and fresh paint. 109 Oxford Street offers the ability to add value to a well-maintained building. In place rents are below market and the opportunity exists to drive rental rates through programmatic upgrades to the unrenovated unit interiors. Additionally, there is potential to increase the bedroom count by converting the studio unit into a 1-bed or 2-bed unit by combining the current unit with the on-site laundry facilities.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1964
- Parking Spots: 14
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 45
- Status: Closed
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Additional Details
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R5
- Lot Features: Other
- Roof: Shingle
- Total Number of Units: 12
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,575,700
- Tax Year: 25
- Total Rent: $24,950
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)
- Taxes: $28,140
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Listing information provided courtesy of Horvath & Tremblay.
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