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$325,000
Timmins
238 Elm Street South, Timmins (TS - SE), Ontario, P4N1X1
This multi-family property in Timmins is for sale offering roughly 1,750 sq ft of space. It has been on the market 19 days, fresher than the Timmins average of 81 days.
Prime Real Estate Asset! Add this low maintenance, income producing duplex to your portfolio. Boasting immediate curb appeal with newer stucco, this property sits in a prime, central neighborhood. UNIT 1 Main floor: 2 good sized bedrooms, main floor laundry and a massive unfinished basement perfect for tenant storage. 1 to 2 car parking out front. UNIT 2 Upper Floor: 2 sizable bedrooms, private office/extra room, laundry in the bathroom, and newer robust rear stairs. The property is complete with hassle-free backyard parking off a laneway. A rare combination of central location, great layout, and solid CASH FLOW potential. Lastly, Excellent Tenants that you will want for the taking. 2022 retrofit and a pre home inspection report for your peace of mind. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 103.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed multi-family in Timmins (TS - SE) has been listed for 19 days, which is 62 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $325,000, about 4.4× the local median household income of $73,500.
Carrying it typically needs a household income of about $63,484 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P4N)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
