181 Preston Street

Timmins

181 Preston Street
181 Preston Street
181 Preston Street
+10
6
 bed
1
 bath
4
 parking
2000 - 2500
 sqft
Fourplex
$444,900
For Sale
172 days
 on site
$444,900
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Size
-
Lot size
4240 sqft
Street frontage
-
Possession
2025-03-31
Price per sqft
$178 - $222
Taxes
$5,147 (2024)
Parking Type
-
Style
2-Storey
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Description
Spacious Fourplex with Strong Rental Income! This larger fourplex offers an exceptional investment opportunity with solid rental income from fully rented units. Situated in a desirable area, each unit features its own unique layout to attract a range of tenants. Property Highlights: Unit 1: Spacious 4-bedroom unit renting at $2,000/month (plus hydro) with a natural gas furnace installed in 2015, providing efficient heating. Unit A: Cozy bachelor unit renting at $850/month (plus hydro), ideal for singles or couples. Unit B: Comfortable 1-bedroom unit renting at $1,100/month (plus hydro), offering a great balance of space and affordability. Unit C: Compact 1 bedroom unit renting at $820/month, all-inclusive for convenient budgeting. Utilities & Heating: Unit 1: Heated by a natural gas furnace, ensuring warmth and energy efficiency. Units A, B, and C: Equipped with electric heating for individualized control. This property boasts strong, reliable rents with room for potential increases. Perfect for investors seeking a low-maintenance asset with a steady income stream
Broker: REALTY NETWORKS INC.
MLS®#: T11998963
Property details
Parking:
4
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
53 Ft
Lot depth:
80 Ft
Listed on:
Mar 4, 2025
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Instant estimate:
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$16,340
lower than listed price
i
High
$456,093
Mid
$428,560
Low
$416,901
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About 181 Preston Street

Located at 181 Preston Street, this Timmins fourplex is available for sale. 181 Preston Street has an asking price of $444900, and has been on the market since March 2025. This 2000-2500 sqft fourplex has 6 beds and 1 bathroom.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.