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List Price: $464,900

181 Preston Street, Timmins, P4N 3N4

- By REALTY NETWORKS INC.
Fourplex|MLS - #T11998963|New
6 Bed
1 Bath
2000-2500 Sqft.
None Garage

Client Remarks

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
Property Description

181 Preston Street, Timmins, P4N 3N4

Property type

Fourplex

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Partially Finished

Building size

N/A

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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181 Preston Street, Timmins, P4N 3N4
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

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