**Newly Renovated Five-Unit Building with Great Rental Income** This exceptional investment opportunity features a newly renovated five-unit building in a prime location. The property boasts a strong rental history with excellent tenants and the potential for increased revenue. The units include: - **Unit A:** Spacious two-bedroom apartment currently rented at $1,500 per month. - **Unit B:** Cozy two-bedroom apartment currently rented at $1,300 per month. - **Unit C:** Charming bachelor apartment currently rented at $1,000 per month. - **Unit D:** Comfortable one-bedroom apartment currently rented at $1,200 per month. - **Unit E:** Vacant two-bedroom apartment, ready for occupancy with a potential rental income of $1,200 or more per month. This building offers a great mix of units that cater to various tenant needs, ensuring a steady cash flow. With its recent renovations, the property is in excellent condition, reducing maintenance costs and increasing tenant satisfaction. (id:47423)
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Listed By
REALTY NETWORKS INC.
Data Provided By
Timmins, Cochrane & Timiskaming District Association of REALTORS®
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Detailed Information
Lot
29.92 x 100 ft
Listing Contract Date
2024-07-24
Location Description
off Algonquin
# of Parking Spaces
5
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
NA-R3
Building
Foundation Type
Unknown
Heating Fuel
Natural gas
Heating Type
Other
Type
Other
Utility Water
Municipal water
Land
Total Size
29.99 x 100 FT | under 1/2 acre
Sewer
Sanitary sewer
Size of Irregular Land
29.99 x 100 FT
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