$444,900
 $2,388 est/mo Sourced by Back At You

181 Preston Street,Timmins (TS - SW), ON P4N3N4

Timmins (TS - SW), ON P4N3N4

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Description

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:13843)

Details

MLS #T11998963
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site137
Listing Provided ByREALTY NETWORKS INC. | Marcus Richard

Features

Bed(s)6
Bath(s) 1 Total
BasementY
Story(s)2
ZoningNA-R3

Taxes

Property5147

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Learn More About This Property

ProvinceON
CityTimmins (TS - SW)
Postal CodeP4N3N4
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $333K - $556K
SqFt: 0 - 0
Listing Updated: July 9, 2025 at 10:42:05 AM PDT