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Home » Property Search » 136 Third Avenue

136 Third Avenue Timmins, Ontario P4N 1C5

None

$710,000

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:55016)

Property Details

MLS® Number 1391338
Property Type Multi-family
Neigbourhood Timmins

Building

Cooling Type None
Heating Fuel Natural Gas
Stories Total 2

Land

Acreage No
Size Depth 108 Ft
Size Frontage 30 Ft
Size Irregular 30 Ft X 108 Ft
Size Total Text 30 Ft X 108 Ft
Zoning Description Ea-cg

https://www.realtor.ca/real-estate/26879579/136-third-avenue-timmins-timmins


Justin Salazar
Salesperson

(613) 724-0895
EXP REALTY
424 Catherine St Unit 200
Ottawa, Ontario K1R 5T8

(866) 530-7737
(647) 849-3180

Jack Anbara
Salesperson

(613) 371-4840
EXP REALTY
424 Catherine St Unit 200
Ottawa, Ontario K1R 5T8

(866) 530-7737
(647) 849-3180