36 Elm St Timmins, Ontario P4N 6A1
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$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:58072)
Property Details
| MLS® Number | TM241696 |
| Property Type | Multi-family |
| Community Name | Timmins |
| CommunicationType | High Speed Internet |
| CommunityFeatures | Bus Route |
Building
| Age | Over 26 Years |
| BasementType | Full |
| HeatingType | Boiler |
| StoriesTotal | 2 |
| SizeInterior | 2200 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeFrontage | 29.9900 |
| SizeTotalText | Under 1/2 Acre |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/27214982/36-elm-st-timmins-timmins
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July 25 2024 03:51:18
Timmins, Cochrane & Timiskaming District Association of REALTORS®
Realty Networks Inc., Brokerage