314 Birch Street

FOR SALE
$447,000
314 Birch Street, Timmins
314 Birch Street
314 Birch Street
314 Birch Street
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4 + 3
BEDROOMS
4
BATHROOMS
2 + 2
KITCHENS
8 + 7
ROOMS
T13863352
MLSID
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Property Description
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 Features
Separate Hydro Meter
Property Details
Address
314 Birch Street
Community
Postal Code
P4N 6S6
Property Type
Multiplex, Multiplex
Zoning
NA-R3
Lot Size
60' x 112'
Taxes
$5,244 (2026
Basement
Apartment, Separate Entrance
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
3
Garage Type
Attached
Listing contracted with Global Bricks Realty
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