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136 THIRD AVENUE
Timmins, Ontario P4N1C5

$720,000

ID# 1391338

ABOUT THIS PROPERTY


Welcome to 136 Third Avenue! 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, along with three residential units and additional storage income! This property boasts an exceptional 8.7% cap-rate bringing in over $88,440.00 annually, well over the 1% rule! The property was recently appraised at over $760,000.00 with an asking price under the appraised value! Extensive renovations completed within the last few years including the roof, windows and some mechanical system components. (id:43993)

PROPERTY DETAILS


Cooling Type None
Heating Fuel Natural gas
Stories Total 2

Property Type


Multi-family
Courtesy of EXP REALTY
Listed on: May 10, 2024

On market: 17 days

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