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$ 259,900
Est. payment | /mo
5 Beds
2 Baths
$ 259,900
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Municipality Timmins
MLS Listing ID T11938164
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $3,033
Tax Year 2024
Property Description
Looking for a prime investment or a property to call home? This property is an excellent opportunity, offering the potential for solid cash flow and long-term growth. Perfect for investors who want to take advantage of the 1% Rule in real estate. This well-maintained duplex features a spacious 3 bedroom and 1 bath main floor unit and a 2 bedroom 1 bath basement unit. Ample off street parking for both units, fully fenced in yard with a small storage shed, both units have separate laundry facilities. This property is a fully occupied building providing immediate rental income, making it a compelling option for investors seeking both stability and growth potential. The property's prime location and tenant-ready condition ensure a seamless addition to any portfolio fully tenanted and ready to provide immediate returns. Situated in a highly desirable location, residents enjoy easy access to local amenities, public services, and all the benefits of downtown living. Main floor rents for $1896.25/month, Basement unit rents for$1100/ month. Whether you're an investor looking for consistent cash flow or a homeowner seeking financial assistance from rental income, this duplex is the perfect fit. Don't miss out on this fantastic opportunity!
Location
Province ON
County Cochrane
Community Ts - Sw
Area Cochrane
Zoning NA-R3
Region TS - SW
City Region TS - SW
Rooms
Family Room Yes
Basement Apartment
Kitchen 2
Separate Den/Office 2
Interior
Interior Features None
Cooling None
Inclusions 2 Fridges, 2 Stoves, As-is condition
Exterior
Parking Features Available, Front Yard Parking, Private Double
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.88
Lot Depth 99.64
Total Parking Spaces 2
Building
Foundation Block
Listed by REVEL REALTY INC.
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