$710,000 $3,811 est/mo Sourced by Back At You

136 Third Ave,Timmins, ON P4N 1C5

Timmins ON, P4N 1C5

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Description

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. The building also features three residential units and additional storage income! This property boasts an exceptional 8.5% cap rate bringing in over $98,640 annually, well over the 1% rule! The property was recently appraised at $765,000 with an asking price $45,000 under the appraised value! Extensive renovations completed within the last few years including the roof, windows and some mechanical system components. Investors package available upon request.

Details

MLS#X8328788
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site34
Listing Provided ByEXP REALTY | Not Provided

Features

ZoningEA-CG
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 31 minutes ago
ProvinceON
CountyTimmins
CityTimmins
Postal CodeP4N 1C5
AreaCochrane
Listing VS Median (in P4N 1C5)
Price:
$710,000
low | high
Med:
$0
On Site:
34
low | high
Med:
Sourced by Back At You
Listing Updated: June 8, 2024 at 12:29:49 PM PDT