184 Third Ave, Timmins MLS Number: X8445192
Timmins, Cochrane, ON, P4N 1C8$429,900
Status: OFF MARKET
- Property Type: Commercial (Investment)
- Property Taxes : $6952.44 (Tax Year:2024)
- Listing Courtesy : Homelife/miracle Realty Ltd
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$429,900
Status: OFF MARKET
Introducing a fully leased and well-maintained investment property in the high-density area of Downtown Timmins. This property is occupied by AAA tenants, each with long-term leases and options to extend. The units include an accounting firm, a tattoo shop, and a basement rented to a packaging/stocking business for storage, all with separate entrances and separate hydro meters. With an impressive cap rate of over7% and an annual rent of $48,000, this property offers a solid return on investment. The cooperative tenants make management easy, even from a distance, ensuring a hassle-free ownership experience. Financials are available upon request.
Property Type | :Commercial |
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MLS Number | :X8445192 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :15 Jun, 2024 (159 Days ago) |
Source | :TRREB |
Area | :Cochrane |
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Postal Code | : P4N 1C8 |
Price | : $429,900 |
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Property Taxes | :$6952.44 |
Tax Year | :2024 |
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Cross Street | :Cedar St And Third Ave |
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Fireplace/Stove | :No |
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Virtual Tour | :Virtual Tour (External Link) |
15 Jun, 2024
TREB #X8445192
Available
$429900.0
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