181 Preston Street, Timmins, Ontario P4N 3N4

Listed for:

$464,900

6 beds

1 baths

Listed 27 days ago

Fourplex for rent: 181 Preston Street, Timmins, Ontario P4N 3N4

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Listing provided by:

REALTY NETWORKS INC.

MLS® number:

T11998963

Agent:

Marcus Richard

Phone:

(705) 262-6729

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About

Off Middleton 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 (id:27476)

Property Highlights

MLS® Number

T11998963

Type

Multi-family

Community Name

TS - SW

Land Size

53 x 80 FT|under 1/2 acre

Parking Space Total

Building

Building Type

Fourplex

Storeys

2.00

Square Footage

1999.983 - 2499.9795 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Amenities

Fireplace(s)

Exterior Finish

Stucco

Fireplace Present

Yes

Basement Type

N/A (Partially finished)

Basement Features

Building Heating Type

Forced air

Heating Fuel

Natural gas

Building Cooling Type

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Location

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