CAONTimmins126 7Th Ave
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126 7 Th Ave, Timmins, ON

Real Estate

For Sale

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653

MLS® T12766692

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $3,994
Days Active 13
Lot Size 
Approx. Age 
MLS® Number T12766692

Property Address: 126 7th Ave, Timmins, ON, P4N5N9

Average square foot calculated using Size range provided by listing agent.

Description

This 5-plex is in very good condition and features a unit mix of two 2-bedroom units, two 1-bedroom units, and one bachelor unit. Current monthly rents for the occupied units are $1, 500, $950, $717.50, and $691.88. The basement 2-bed unit is currently vacant and requires renovations. Once renovated, it has the potential market rent of $1, 500/month. This property offers a projected 10.09% Cap Rate. This return factors in the basement's potential income and accounts for an 8% property management fee, 5% vacancy allowance, and 5% for maintenance/repairs, alongside all annual taxes, insurance, and utilities.This property is being sold "as-is". Come and have a look!Show Description
MLS® NumberT12766692
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
126 7 Th Ave, Timmins, ON

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