$449,900

Investment For Sale In Timmins (TNE - Central), Ontario

$449,900

Property Information:

Legal Fourplex with Bonus Unit & Extensive Renovations! Discover this large, renovated legal fourplex with an additional bonus unit, perfect for investors or those looking to generate steady rental income. This property has undergone a massive transformation, including: New electrical systems Modern Bathrooms and kitchens featuring quartz countertops and brand-new cabinetry Updated flooring throughout the property. The bonus fifth unit is awaiting your personal touch, and the seller is offering a $25,000 cashback on closing to help you finish this unit to your liking. Current Rents: Two 2-bedroom units: $1,200 each Basement bachelor unit: $900 Back 1-bedroom unit: $900. This property offers incredible value with its extensive updates, flexible fifth unit potential, and solid rental income **EXTRAS** Mpac Code: 334, Gas $3500-year, Hydro $3000-year, Water and sewer $3200, square footage 2487 (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Foundation Type: Concrete
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 5
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 30.0 Feet
  • Lot Size: 30 x 100 FT
  • Utility Type: Sewer - Installed, Cable - Installed
  • Zoning: EA-CG
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 3

Courtesy of: REALTY NETWORKS INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.