Space
Finished area and layout
- Square Feet
- 1,100-1,500 sqft
- Bedrooms
- 7
- Bathrooms
- 4
Property Snapshot
MLS #T13863352
Finished area and layout
Type, style and structure
This 7-bedroom, 4-bathroom multiplex in Timmins offers 1,100-1,500 sqft of square feet on a 60.01 x 112.50 lot. 2 storeys. The property has zoned NA-R3. The home features none, a apartment, separate entrance basement. Highlights include a none pool.
Well-maintained 4-unit multiplex on a large lot with laneway access and a detached garage.Features two 2-bedroom units on the main floor, one 2-bedroom and one 1-bedroom unit in thebasement. All units are occupied with tenants paying rent on time. Recent updates include newdoor seals throughout, plus a new door, windows, flooring, fridge, and paint in Unit 4 (Feb.2023). Awning installed for Unit 3 in Nov. 2023. Baseboard heating; hydro and heat paid bytenants. Gross annual income of approximately $49,020 an attractive 7% to 8% cap rate,including garage rental. Great income-producing investment opportunity (id:60351)
Birch St N & Ninth Ave
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Land, frontage and setting
Price, taxes and monthly charges
Listed by RAJANI SURESH, GLOBAL BRICKS REALTY
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Listed by RAJANI SURESH, GLOBAL BRICKS REALTY · MLS# T13863352
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