Homes for sale - 181 Preston ST, Timmins, ON P4N 3N4

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Jennifer Van Geytenbeek

jennifer@paulnusca.com +1(416) 567-1274

$ 489,900

Est. payment | -/mo

6 Beds

1 Bath

Save

$ 489,900

Est. payment | -/mo

Save

6 Beds

1 Bath

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

MLS Listing ID T10406477

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,100

Tax Year 2023

Property Description

Spacious Fourplex with Strong Rental Income! This larger fourplex offers an exceptional investment opportunity with solid rental income from fully rented units. Situated in a desirable area, each unit features its own unique layout to attract a range of tenants. Property Highlights: Unit 1: Spacious 4-bedroom unit renting at $2,000/month (plus hydro) with a natural gas furnace installed in 2015, providing efficient heating. Unit A: Cozy bachelor unit renting at $850/month (plus hydro), ideal for singles or couples. Unit B: Comfortable 1-bedroom unit renting at $1,100/month (plus hydro), offering a great balance of space and affordability. Unit C: Compact 1 bedroom unit renting at $820/month, all-inclusive for convenient budgeting. Utilities & Heating: Unit 1: Heated by a natural gas furnace, ensuring warmth and energy efficiency. Units A, B, and C: Equipped with electric heating for individualized control. This property boasts strong, reliable rents with room for potential increases. Perfect for investors seeking a low-maintenance asset with a steady income stream

Location

Province ON

County Cochrane

Community Timmins South - West

Area Cochrane

Zoning NA-R3

Region Timmins South - West

City Region Timmins South - West

Rooms

Family Room No

Basement Partially Finished

Kitchen 4

Interior

Interior Features None

Cooling None

Fireplaces Number 1

Fireplaces Type Natural Gas

Exterior

Parking Features Private

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Foundation Poured Concrete

Listed by REALTY NETWORKS INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 567-1274

jennifer@paulnusca.com

181 Preston ST Timmins, ON P4N 3N4