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Type: Multiplex
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Lot Size: 29.99 x 100
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Age: No Data
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Taxes: $3,969 per year
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Days on Site: 54 Days
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Added: Jul 24, 2024 (1 month ago)
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Updated:
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Last Checked: 5 hours ago
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MLS®#: T9278599
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Listed By: Realty networks inc., brokerage
**Newly Renovated Five-Unit Building with Great Rental Income** This exceptional investment opportunity features a newly renovated five-unit building in a prime location. The property boasts a strong rental history with excellent tenants and the potential for increased revenue. The units include: - **Unit A:** Spacious two-bedroom apartment currently rented at $1,500 per month. - **Unit B:** Cozy two-bedroom apartment currently rented at $1,300 per month. - **Unit C:** Charming bachelor apartment currently rented at $1,000 per month. - **Unit D:** Comfortable one-bedroom apartment currently rented at $1,200 per month. - **Unit E:** Vacant two-bedroom apartment, ready for occupancy with a potential rental income of $1,200 or more per month. This building offers a great mix of units that cater to various tenant needs, ensuring a steady cash flow. With its recent renovations, the property is in excellent condition, reducing maintenance costs and increasing tenant satisfaction.
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Property
Status: Sale
Property Type: Multiplex
Area: Timmins
Community: Central
Availability Date: TBD
Inside
Fireplace: No
Building
Heat Type: None
Heat Source: Gas
Special Designation: Unknown
Parking
Garage Type: None
Total Parking Spaces: 5
Fees
Tax Year: 2023
Tax Legal Description: PCL 1113 SEC WAT SRO; LT 100 PL M30S TISDALE S/T RESERVATION IN
Taxes: $3,969
Land
Cross Street: off Algonquin
Municipality District: Timmins
Fronting On: East
Parcel Number: 654040462
Pool: None
Sewer: Sewers
Lot Depth: 100
Lot Frontage: 29.99
Acres: < .50
Zoning: NA-R3
Walker's Paradise
- Daily errands do not require a car.
Bikeable
- Some errands can be accomplished on bike.
École catholique St-Charles
Elementary: CatholicÉcole catholique Jacques-Cartier (Timmins)
Elementary: CatholicO'Gorman Intermediate Catholic School
Elementary: CatholicSacred Heart School
Elementary: CatholicSt Paul Separate School
Elementary: CatholicR Ross Beattie Senior Public School
Elementary: PublicNCDSB Access Center Secondary School
Secondary: CatholicPACE Alternative & Continuing Education
Secondary: PublicÉcole secondaire Cochrane
Secondary: PublicO'Gorman High School
Secondary: CatholicÉcole secondaire catholique Theriault
Secondary: CatholicTimmins High and Vocational School
Secondary: Public-
Flintstone Park
0.19km -
Hollinger Park Playground
1.09km -
Hollinger Mine Bike Trail
Timmins ON P4N 1M8 1.19km
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Northern Credit Union Ltd
70 Mountjoy St N, Timmins ON P4N 4V7 0.09km -
RBC Wealth Management
100 Algonquin Blvd E, Timmins ON P4N 1A4 0.1km -
Caisse Populaire de Timmins Ltee
45 Mountjoy St N, Timmins ON P4N 8H7 0.13km
