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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:50886)

Property Details

MLS® Number T9278599
Property Type Multi-family
Community Name Central
ParkingSpaceTotal 5

Building

FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Other
Type Other
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 100 Ft
SizeFrontage 29 Ft ,11 In
SizeIrregular 29.99 X 100 Ft
SizeTotalText 29.99 X 100 Ft|under 1/2 Acre
ZoningDescription Na-r3

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

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Marcus Richard
Salesperson


Realty Networks Inc., Brokerage
11 Rea St. N, Unit 202
Timmins, Ontario P4N 4Z5

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