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$ 444,900
Est. payment /mo
Active
181 Preston ST Timmins, ON P4N 3N4
6 Beds
1 Bath
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Ts - Sw
MLS Listing ID T11998963
Style 2-Storey
Bedrooms 6
Building Age 31-50
Annual Tax Amount $5,147
Tax Year 2024
Property Sub-Type Fourplex
Lot Depth 80.0
Lot Front 53.0
Property Description
Spacious Fourplex with Strong Rental Income! This larger fourplex offers an exceptional investment opportunity with solid rental income from fully rented units. Situated in a desirable area, each unit features its own unique layout to attract a range of tenants. Property Highlights: Unit 1: Spacious 4-bedroom unit renting at $2,000/month (plus hydro) with a natural gas furnace installed in 2015, providing efficient heating. Unit A: Cozy bachelor unit renting at $850/month (plus hydro), ideal for singles or couples. Unit B: Comfortable 1-bedroom unit renting at $1,100/month (plus hydro), offering a great balance of space and affordability. Unit C: Compact 1 bedroom unit renting at $820/month, all-inclusive for convenient budgeting. Utilities & Heating: Unit 1: Heated by a natural gas furnace, ensuring warmth and energy efficiency. Units A, B, and C: Equipped with electric heating for individualized control. This property boasts strong, reliable rents with room for potential increases. Perfect for investors seeking a low-maintenance asset with a steady income stream
Location
Province ON
County Cochrane
Community Ts - Sw
Area Cochrane
Zoning NA-R3
Rooms
Family Room No
Basement Partially Finished
Kitchen 4
Interior
Interior Features None
Cooling None
Fireplaces Number 1
Fireplaces Type Natural Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 53.0
Lot Depth 80.0
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Senior Community No
Listed by REALTY NETWORKS INC.