181 Preston St
$489,900
$489,900

181 Preston St

Timmins South - West, Timmins, Cochrane $489,900

Make an offer

6 Beds
1 Baths
2000-2500 sqft
Parking for 4
W Facing
Zoning: NA-R3
MLS®#:
T10406477
Property Type:
Fourplex
Property Style:
2-Storey
Area:
Cochrane
Community:
Timmins South - West
Taxes:
$5,100 / 2023
Added:
November 04 2024
Lot Frontage:
53.00
Lot Depth:
80.00
Status:
Active
Outside:
Stucco/Plaster
Year Built:
31-50
Basement:
Part Fin
Brokerage:
REALTY NETWORKS INC.
Lot (Feet):

80

53

Intersection:
Off Middleton
Rooms:
6
Bedrooms:
6
Bathrooms:
1
Fireplace:
Y
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
Heating Fuel:
Gas

Listing Description

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.

Sale/Lease History of 181 Preston St

View all past sales, leases, and listings of the property at 181 Preston St.

Neighbourhood

Schools, amenities, travel times, and market trends near 181 Preston St

Timmins South - West home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Timmins South - West

Insights for 181 Preston St

View the highest and lowest priced active homes, recent sales on the same street and postal code as 181 Preston St, and upcoming open houses this weekend.

* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)