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$ 199,900
Est. payment /mo
New
388 Pine ST S Timmins, ON P4N 2L3
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Ts - Se
MLS Listing ID T13039758
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,097
Tax Year 2025
Property Sub-Type Duplex
Property Description
This spacious 6-bedroom, 2-bathroom duplex in downtown Timmins offers a great investment opportunity with long-term tenants in place. The property features two separate units, each with 3 bedrooms, its own kitchen, bathroom and laundry, providing consistent rental income. The main floor is currently rented at $975.00 per month + hydro and the upper floor is currently rented at $1,000.00 per month + hydro with the landlord paying the heat ($2,159.49/year). While the duplex may require some updates and maintenance, it is ideally located close to downtown amenities, shops, and transit, ensuring easy access for tenants. This property also features an unfinished basement and attached storage room. With stable occupancy and potential for future improvements, this property is perfect for investors seeking a reliable income stream and future growth. This property also has the potential to host another unit, upon city approval.
Location
Province ON
County Cochrane
Area Cochrane
Zoning NA-R3
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features None
Cooling None
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 30.0
Lot Depth 114.0
Total Parking Spaces 3
Building
Foundation Concrete Block
Others
Senior Community No
ParcelsYN Yes
Listed by REVEL REALTY INC.
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