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MLS® T13863352
Timmins, ON
Well-maintained 4-unit multiplex on a large lot with laneway access and a detached garage.Features two 2-bedroom units on the main floor, one 2-bedroom and one 1-bedroom unit in thebasement. All units are occupied with tenants paying rent on time. Recent updates include newdoor seals throughout, plus a new door, windows, flooring, fridge, and paint in Unit 4 (Feb.2023). Awning installed for Unit 3 in Nov. 2023. Baseboard heating; hydro and heat paid bytenants. Gross annual income of approximately $49,020 an attractive 7% to 8% cap rate,including garage rental. Great income-producing investment opportunity
Exclusions
Tenants belongings
Broker
GLOBAL BRICKS REALTY
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Multiplex
314 Birch Street N Timmins
Timmins
Type
Multiplex
Basement
Apartment, Separate Entrance
Parking
Attached (4)
Property Tax
~$5,244/yr
Heating
Baseboard
Buying Essentials
Square Feet
1300 sqft
Facing Direction
East
Parking
Attached (4)
Finances
List Price
$447,000
Price per SQFT
$344/sqft
Property Tax
~$5,244/yr
Property Specs
Property Type
Multiplex
MLS Size
1300 sqft
Basement
Apartment, Separate Entrance
Living & Amenities
Heating Type
Baseboard
Features
Separate Hydro Meter
Policies & Utilities
Neighbourhood
Timmins
Listed On
Oct 5, 2026
Days on Market
Current: 33 days
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