36 Elm Street For Sale

Timmins, Central, P4N 6A1

$449,900

Description

Listed by REALTY NETWORKS INC., BROKERAGE.

**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.

Location

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  • Address: 36 Elm Street
  • Neighborhood: Central
  • City: Timmins
  • State: Ontario
  • Postal Code: P4N 6A1

Property Details

  • Property ID: T9278599
  • Property Price: $449,900
  • Style: Multiplex
  • Parking Spaces: 5
  • Den: N
  • Fireplace: N
  • Taxes: $3,969.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 100.00x29.99 (Feet)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100