314 BIRCH STREET N, Timmins (TNE - Central)
7 BEDS · 4 BATHS · 1100 - 1500 sqft
$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
General Info
| MLS Listing ID: T13863352 | Bedrooms: 7 | Bathrooms: 4 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Brick | Roof: N/A | Title To Land: N/A | Parking Space Total: 4 |
| Parking: N/A | Heating: Baseboard heaters | Size: 1100 - 1500 sqft | Air Conditioning : None |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: N/A, N/A |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
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