7 Bedroom
4 Bathroom
1,100 - 1,500 sqft
None
Baseboard Heaters
$447,000
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:47351)
Property Details
|
MLS® Number
|
T13863352 |
|
Property Type
|
Multi-family |
|
Community Name
|
TNE - Central |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Below Ground
|
3 |
|
Bedrooms Total
|
7 |
|
Amenities
|
Separate Electricity Meters |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a |
|
Cooling Type
|
None |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Brick |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Stories Total
|
2 |
|
Size Interior
|
1,100 - 1,500 Sqft |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
112 Ft ,6 In |
|
Size Frontage
|
60 Ft |
|
Size Irregular
|
60 X 112.5 Ft ; 60.01 X 112.50 |
|
Size Total Text
|
60 X 112.5 Ft ; 60.01 X 112.50 |
|
Zoning Description
|
Na-r3 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
https://www.realtor.ca/real-estate/30366324/314-birch-street-n-timmins-tne-central-tne-central