314 Birch Street
TNE - Central, Timmins, P4N 6S6
For Sale
4.80 BTC
➧
➧



4 + 3
BEDROOMS 4
BATHROOMS 2 + 2
KITCHENS 8 + 7
ROOMS T13863352
MLSID Contact Us
Property 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
Call
Property Features
Separate Hydro Meter
Call
Property Details
Property Type
Multiplex
Lot Size
60' x 112'
Taxes
$5,244 (2026)
Basement
Apartment, Separate Entrance
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
3
Garage Type
Attached
Call
Listing contracted with Global Bricks Realty
Call