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$ 550,000
Est. payment | /mo
9 Beds
5 Baths
3,197 Sqft Lot
$ 550,000
Est. payment | /mo
9 Beds
5 Baths
3,197 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Sch - Main Area
MLS Listing ID T14091358
Style 2-Storey
Bedrooms 9
Annual Tax Amount $2,520
Tax Year 2026
Lot Size 3,197 Sqft
Property Sub-Type Multiplex
Property Description
This exceptional turn-key investment LEGAL 5PLEX is generating a generous income the moment you close. Featuring a meticulously maintained with modern electrical, plumbing, and HVAC systems means low maintenance and long-term peace of mind. All Five Units are Tenanted by A++ tenants. Professional property management is already in place and available to be retained, ensuring a seamless transition with no gaps in cash flow. This Multiplex has Annual Gross Rental of Income of $80,640; NOI of $53,688 and a Cap Rate of 10%. The monthly Cash Flow is $2,153 and an ROI of 23.5% . Take part in the very rapid growth of Timmins brought about by opening of new mines. Current Rental Vacancy is 2%. Rare, renovated, and revenue-ready - don't miss this!!!!!
Location
Province ON
County Cochrane
Area Cochrane
Rooms
Family Room No
Basement Unfinished
Kitchen 5
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Membrane
Lot Frontage 41.51
Lot Depth 78.96
Total Parking Spaces 2
Building
Foundation Block
Others
Security Features None
ParcelsYN No
Listed by RIGHT AT HOME REALTY
Nearby Locations
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Connie Bove
Agent