181 Preston Street, Timmins Timmins South West
- Bedrooms: 6
- Bathrooms: 1
- Type: Fourplex
- Added: 30 days ago
- Updated: 12 days ago
- Last Checked: 14 hours ago
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
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Property DetailsKey information about 181 Preston Street
- Heating: Forced air, Natural gas
- Stories: 2
- Structure Type: Fourplex
- Exterior Features: Stucco
- Foundation Details: Poured Concrete
Interior FeaturesDiscover the interior design and amenities
- Basement: Partially finished, N/A
- Bedrooms Total: 6
- Fireplaces Total: 1
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 181 Preston Street
- Water Source: Municipal water
- Parking Total: 4
- Building Features: Fireplace(s)
- Lot Size Dimensions: 53 x 80 FT
Location & CommunityUnderstand the neighborhood and community
- Directions: Off Middleton
Utilities & SystemsReview utilities and system installations
- Sewer: Sanitary sewer
- Utilities: Sewer, Cable
Tax & Legal InformationGet tax and legal details applicable to 181 Preston Street
- Tax Annual Amount: 5100
- Zoning Description: NA-R3
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Nearby Listings Stat
Active listings
3
Min Price
$129,900
Max Price
$549,900
Avg Price
$389,900
Days on Market
27 days
Sold listings
1
Min Sold Price
$239,900
Max Sold Price
$239,900
Avg Sold Price
$239,900
Days until Sold
34 days