$199,900

This spacious 6-bedroom, 2-bathroom duplex in downtown Timmins offers a great investment opportunity with long-term tenants in place. The property features two separate units, each with 3 bedrooms, its own kitchen, bathroom and laundry, providing consistent rental income. The main floor is currently rented at $975.00 per month + hydro and the upper floor is currently rented at $1,000.00 per month + hydro with the landlord paying the heat ($2,159.49/year). While the duplex may require some updates and maintenance, it is ideally located close to downtown amenities, shops, and transit, ensuring easy access for tenants. This property also features an unfinished basement and attached storage room. With stable occupancy and potential for future improvements, this property is perfect for investors seeking a reliable income stream and future growth. This property also has the potential to host another unit, upon city approval. (id:64343)

Property Details

MLS® Number	T13039758
Property Type	Multi-family
Community Name	TS - SE
Equipment Type	Water Heater - Gas, Water Heater
Parking Space Total	3
Rental Equipment Type	Water Heater - Gas, Water Heater

Building

Bathroom Total	2
Bedrooms Above Ground	6
Bedrooms Total	6
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Cooling Type	None
Exterior Finish	Brick Facing, Vinyl Siding
Foundation Type	Block
Stories Total	2
Size Interior	2,000 - 2,500 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	114 Ft
Size Frontage	30 Ft
Size Irregular	30 X 114 Ft
Size Total Text	30 X 114 Ft|under 1/2 Acre
Zoning Description	Na-r3

Rooms

Level	Type	Length	Width	Dimensions
Main Level	Kitchen	3.63 m	3.35 m	3.63 m x 3.35 m
Main Level	Living Room	4.57 m	2.84 m	4.57 m x 2.84 m
Main Level	Bedroom	3.73 m	2.79 m	3.73 m x 2.79 m
Main Level	Bedroom 2	2.84 m	2.18 m	2.84 m x 2.18 m
Main Level	Bedroom 3	2.66 m	2.26 m	2.66 m x 2.26 m
Upper Level	Bedroom 3	6.62 m	2.69 m	6.62 m x 2.69 m
Upper Level	Kitchen	5.99 m	3.6 m	5.99 m x 3.6 m
Upper Level	Dining Room	4.52 m	2.74 m	4.52 m x 2.74 m
Upper Level	Living Room	3.32 m	2.81 m	3.32 m x 2.81 m
Upper Level	Bedroom	3.22 m	2.81 m	3.22 m x 2.81 m
Upper Level	Bedroom 2	6.62 m	2.97 m	6.62 m x 2.97 m

Utilities

Cable	Installed
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/29651860/388-pine-street-s-timmins-ts-se-ts-se