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MULTIPLEXACTIVEMLS® T13863352
314 Birch Street N, Timmins, ON P4N 6S6
Timmins, ON, P4N 6S6
BEDROOMS
7
BATHROOMS
4
LIVING AREA
1100-1500 sqft
KITCHENS
4
PARKING
3
HEATING
Electric
About this residence
Well-maintained 4-unit multiplex on a large lot with laneway access and a detached garage.Features two 2-bedroom units on the main floor, one 2-bedroom and one 1-bedroom unit in thebasement. All units are occupied with tenants paying rent on time. Recent updates include newdoor seals throughout, plus a new door, windows, flooring, fridge, and paint in Unit 4 (Feb.2023). Awning installed for Unit 3 in Nov. 2023. Baseboard heating; hydro and heat paid bytenants. Gross annual income of approximately $49,020 an attractive 7% to 8% cap rate,including garage rental. Great income-producing investment opportunity
Property details
- Property type
- Multiplex
- Total rooms
- 15
- Garage
- Attached
- Parking spaces
- 3
- Annual taxes
- $5,244 (2026)
- Possession
- Flexible
- Directions
- Birch St N & Ninth Ave
Location
COMPARABLE IN TIMMINS

