**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:58043)
MLS® Number | TM241696 |
Property Type | Multi-family |
Community Name | Timmins |
CommunicationType | High Speed Internet |
CommunityFeatures | Bus Route |
Age | Over 26 Years |
BasementType | Full |
HeatingType | Boiler |
StoriesTotal | 2 |
SizeInterior | 2200 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Gravel |
Acreage | No |
Sewer | Municipal Sewage System |
SizeFrontage | 29.9900 |
SizeTotalText | Under 1/2 Acre |
Cable | Available |
Electricity | Available |
Natural Gas | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/27214982/36-elm-st-n-timmins-timmins
Contact us for more information
Marcus Richard
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