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$ 447,000
Est. payment /mo
New
314 Birch ST N Timmins, ON P4N 6S6
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Tne - Central
MLS Listing ID T13863352
Style 2-Storey
Bedrooms 4
Annual Tax Amount $5,244
Tax Year 2026
Property Sub-Type Multiplex
Property Description
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
Location
Province ON
County Cochrane
Area Cochrane
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 4
Separate Den/Office 3
Interior
Interior Features Separate Hydro Meter
Heating Yes
Cooling None
Fireplace No
Heat Source Electric
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.01
Lot Depth 112.5
Total Parking Spaces 4
Building
Foundation Brick
Others
ParcelsYN No
Listed by GLOBAL BRICKS REALTY