181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins
  • 181 PRESTON STREET Timmins

181 PRESTON STREET, Timmins, Ontario

$444,900

  • 6 Beds
  • 1 Bath

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 (id:56241)

  • Listing ID: T11998963
  • Property Type: Multi-family
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Details

  • Parking Spaces: 4
  • Transaction: For sale
  • Zoning Description: NA-R3

Building

  • Amenities: Fireplace(s)
  • BasementType: N/A (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 6
  • Exterior Finish: Stucco
  • Fireplace Present: True
  • Fireplace Total: 1
  • Foundation: Poured Concrete
  • Bathrooms (Total): 1
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2000 - 2500 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 53 ft
  • Size Irregular: 53 x 80 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 181 PRESTON STREET in Timmins Ontario. It was last modified on March 4th, 2025. Contact us to schedule a viewing or to discover other Timmins homes for sale.

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