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181 Preston Street Image 1

$464,900

Mar 4Fourplex For Sale
bedrooms6bed
washrooms4bath
MLS - #T11998963

181 Preston Street, Timmins, ON P4N 3N4

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Similar Homes Found
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Average Price
46490000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Fourplex

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A

About 181 Preston Street

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

Home Overview

Last updated

Mar 4

Virtual tour

None

Basement information

Partially Finished

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

--

Listed by REALTY NETWORKS INC.

Additional Details

Basement:Partially Finished
Cooling:None
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 181 Preston Street

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