314 Birch Street
Tne - Central | Timmins, Ontario P4N 6S6
$
447000.00
mls number:
T13863352
7
bed
4
bath
ft2
0
acres
Multi-family








Property Details
Listing Description
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:39198)
Summary
Property type
Multi-family
built in
square footage
sqft
annual property taxes
$5,244.19
community name
Tne - Central
parking type
Not in CMS
land size
0
acres
time on market
Not in CMS
Bedrooms
Above grade 4
Below grade 3
Bathrooms
Total 4
Interior Features
Basement type Apartment in basement, Separate entrance, N/A
Building Features
Stories 2
Foundation type Brick
Features Separate Electricity Meters
Heating & Cooling
Heating type Baseboard heaters, Electric
Cooling None
Exterior Features
Exterior finish Vinyl siding
Utilities
Sewer Sanitary sewer
Water Municipal water
Parking
Parking type Attached Garage, Garage
Parking spaces 4
Listing Description
Main Level
Bedroom 1.45 x 1.33
Listing Description
Lot Features
Frontage 60 ft
Lot dimensions 60 x 112.5 FT ; 60.01 x 112.50
Other Property Information
Zoning NA-R3
Data provided by: Sault Ste. Marie Real Estate Board
Virtual Tour
Video
Floor Plan
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