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36 Elm Street N Timmins (Central), Ontario P4N 6A1

Other

$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:35492)

Property Details

MLS® Number T9278599
Property Type Multi-family
Community Name Central
Parking Space Total 5

Building

Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Other
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 29 Ft ,11 In
Size Irregular 29.99 X 100 Ft
Size Total Text 29.99 X 100 Ft|under 1/2 Acre
Zoning Description Na-r3

https://www.realtor.ca/real-estate/27214982/36-elm-street-n-timmins-central-central

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Marcus Richard
Salesperson

(705) 262-6729

Realty Networks Inc.
11 Rea St. N.
Timmins, Ontario P4N 4Z5

(705) 268-2129

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