Multi-family in Timmins
Asking Price $710,000
MLS# – 1391338
Rooms & Sizes
Description
Welcome to 136 Third Avenue! Turnkey five-unit commercial mixed-use building within the heart of Timmins. Multiple interior offices with long term professional tenants in the healthcare and legal space, along with three residential units and additional storage income! This property boasts an exceptional 8.7% cap-rate bringing in over $88,440.00 annually, well over the 1% rule! The property was recently appraised at over $760,000.00 with an asking price under the appraised value! Extensive renovations completed within the last few years including the roof, windows and some mechanical system components. (id:52884)
Features
None
Map
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Last Updated
05/10/2024
Data Provider
Ottawa Real Estate Board
Listing Office
EXP REALTY