314 Birch Street N, Timmins, Ontario P4N 6S6

Listed for:
$447,000
7 beds
4 baths
Listed 40 days ago
Other for rent: 314 Birch Street N, Timmins, Ontario P4N 6S6

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About

Birch St N & Ninth Ave 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:27476)

Property Highlights

MLS® Number
T13863352
Type
Multi-family
Community Name
TNE - Central
Land Size
60 x 112.5 FT ; 60.01 x 112.50
Parking Space Total
4

Building

Building Type
Other
Storeys
2.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
7
Amenities
Separate Electricity Meters
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A, N/A
Basement Features
Apartment in basement, Separate entrance
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Location

Learn more about this property
Listing provided by:
GLOBAL BRICKS REALTY
MLS® number:
T13863352
Agent:
Rajani Suresh
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