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:48414)
| MLS® Number | 1391338 |
| Property Type | Multi-family |
| Neigbourhood | Timmins |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| StoriesTotal | 2 |
| Acreage | No |
| SizeDepth | 108 Ft |
| SizeFrontage | 30 Ft |
| SizeIrregular | 30 Ft X 108 Ft |
| SizeTotalText | 30 Ft X 108 Ft |
| ZoningDescription | Ea-cg |
https://www.realtor.ca/real-estate/26879579/136-third-avenue-timmins-timmins
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