36 Elm Street N Timmins (Central), Ontario P4N 6A1
$449,900
**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. (id:49269)
Property Details
| MLS® Number | T9278599 |
| Property Type | Multi-family |
| Community Name | Central |
| ParkingSpaceTotal | 5 |
Building
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 29 Ft ,11 In |
| SizeIrregular | 29.99 X 100 Ft |
| SizeTotalText | 29.99 X 100 Ft|under 1/2 Acre |
| ZoningDescription | Na-r3 |
https://www.realtor.ca/real-estate/27214982/36-elm-street-n-timmins-central-central
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October 01 2024 03:36:05
Timmins, Cochrane & Timiskaming District Association of REALTORS®
Realty Networks Inc., Brokerage