About 314 Birch Street N
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
Features of 314 Birch Street N
| MLS® # | T13863352 |
|---|---|
| Price | $447,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 1100-1500 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 314 Birch Street N |
|---|---|
| Area | Cochrane |
| Subdivision | TNE - Central |
| City | Timmins |
| Province | ON |
| Postal Code | P4N 6S6 |
Amenities
| Parking Spaces | 3 |
|---|---|
| # of Garages | 1 |
| Garages | Attached |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Apartment, Separate Entrance |
| Kitchens | 2 |
Exterior
| Exterior | Vinyl Siding |
|---|
Listing Details
| Office | GLOBAL BRICKS REALTY |
|---|