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    For Sale - 314 Birch Street, Timmins, Ontario

    Est payment $2,146/mo
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    Views   1
    Time on Jump  18 day

    AI Summary *

    • Well-maintained 4-unit multiplex with a spacious lot and laneway access.
    • All units currently occupied with reliable tenants and on-time rent.
    • Recent updates include new doors, windows, and flooring in Unit 4.
    • Attractive gross annual income of approximately $49,020 for investors.
    • Detached garage adds to the rental potential and income opportunities.




    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
    Listing IDT13863352
    Address314 Birch Street
    CityTimmins, Ontario
    Price$447,000
    Bed / Bath7 / 4 Full
    Style2-Storey, Multiplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement Apartment, Separate EntranceFoundation BrickHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 4.00
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    314 Birch Street
    Timmins , Ontario
    7 4 $447,000
    Get more info