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136 3rd Ave

3rd Ave, Moneta, Timmins, ON, P4N 1C5

-
Beds
-
Baths
4,300
Sq. Ft.
$720,000
List Price
Details
Photos
10
Comparables
History
136 3rd Ave, Timmins, ON - 1 of 3
136 3rd Ave, Timmins, ON - 2 of 3
136 3rd Ave, Timmins, ON - 3 of 3
New
22 days on market

Quick Summary

  • Turnkey commercial mixed-use building
  • Multiple long-term professional tenants
  • Exceptional 8.5% cap rate
  • Asking price $45,000 under appraisal
  • Recently renovated roof, windows, systems
  • Includes three residential rental units
  • Additional storage income
  • Investors package available

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,... Show More

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. (id:54626)

Property Details

Size

4,300 sq. ft.
0 Beds
0 Baths

Heating & Cooling

Heating
Other
Cooling
-

Utilities

Water
Municipal water
Sewer
-

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X8328788
Last Updated
May 14, 2024
Brokerage
EXP REALTY
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