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181 Preston St

Preston St, Moneta, Timmins, ON, P4N 3N4

6
Beds
1
Baths
2,000 - 2,500
Sq. Ft.
$489,900
List Price
Details
Photos
14
Comparables
History
181 Preston St, Timmins, ON - 1 of 3
181 Preston St, Timmins, ON - 2 of 3
181 Preston St, Timmins, ON - 3 of 3
52 days on market

Quick Summary

  • Spacious fourplex with strong rental income
  • Fully rented units with reliable rents
  • Desirable area with varied unit layouts
  • Efficient natural gas heating in main unit
  • Convenient electric heating in other units
  • Compact 1-bedroom unit with all-inclusive rent
  • Central air conditioning for comfort
  • Low-maintenance investment with steady income

Spacious Fourplex with Strong Rental Income! This larger fourplex offers an exceptional investment opportunity with solid rental income from fully rented units. Situated in a desirable area, each unit features its own unique layout to attract a range of tenants. Property Highlights: Unit 1: Spacious 4-bedroom unit renting at $2,000/month... Show More

Spacious Fourplex with Strong Rental Income! This larger fourplex offers an exceptional investment opportunity with solid rental income from fully rented units. Situated in a desirable area, each unit features its own unique layout to attract a range of tenants. Property Highlights: Unit 1: Spacious 4-bedroom unit renting at $2,000/month (plus hydro) with a natural gas furnace installed in 2015, providing efficient heating. Unit A: Cozy bachelor unit renting at $850/month (plus hydro), ideal for singles or couples. Unit B: Comfortable 1-bedroom unit renting at $1,100/month (plus hydro), offering a great balance of space and affordability. Unit C: Compact 1 bedroom unit renting at $820/month, all-inclusive for convenient budgeting. Utilities & Heating: Unit 1: Heated by a natural gas furnace, ensuring warmth and energy efficiency. Units A, B, and C: Equipped with electric heating for individualized control. This property boasts strong, reliable rents with room for potential increases. Perfect for investors seeking a low-maintenance asset with a steady income stream MPAC 324, Total Sq.Footage 2200, Hydro Tenants, Heat $1140 /12mths, Water-Sewer $4356 / year. This property has central air. The property has gas heat and electric baseboards. The Natural gas fire place is not working.

Property Details

Size

2,000 - 2,500 sq. ft.
6 Beds
6 Above Grade
1 Bath

Parking

4 Parking Spaces
None

Build

Year Built
1974 - 1993
Model Name
-
Basement
Part Fin
Exterior
Stucco/Plaster
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
None

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$5,100

Source

Listing Brokerage

MLS® Listing
T10406477
Last Updated
November 7, 2024
Brokerage
REALTY NETWORKS INC.
Call us 800-591-0566

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