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Great 6-Plex located steps away from Porcupine Lake and Downtown South Porcupine. Fully tenanted building with long term tenants. 4 Bachelor , 1 -2 bedroom and 1- 1 bedroom apartments and shared coined laundry facilities.
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30 Year , 3.99% interest


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Introducing a remarkable opportunity: a Multi-Family Home for sale in Timmins , located at 134 Golden Avenue, Timmins. This impressive 6-plex is ideally situated just a stone's throw from the picturesque Porcupine Lake and the vibrant Downtown South Porcupine, making it a prime location for both residents and investors alike.
This well-maintained multiplex boasts a building style that is both practical and appealing, featuring a sturdy 2-storey design clad in durable vinyl siding. With a total of 11 rooms, this property is designed to accommodate a variety of living arrangements, making it an excellent investment opportunity. The building comprises four bachelor apartments, one two-bedroom apartment, and one one-bedroom apartment, all fully tenanted with long-term tenants, ensuring a steady stream of rental income. This is a significant advantage for anyone looking to invest in a Multi-Family Home for sale in Timmins.
At 134 Golden Avenue, Timmins, you will find a total of eight bedrooms and six bathrooms, which provides ample space for residents. The shared laundry facilities, equipped with coin-operated machines, add convenience for tenants, enhancing the appeal of this Multi-Family Home for sale in Timmins. The property is also equipped with municipal water and sewer services, ensuring reliable utilities for all residents.
While the property does not feature a central vacuum system, air conditioning, or a fireplace, it compensates with its spacious layout and the potential for additional enhancements. The heating system is baseboard, which is efficient and effective for a building of this size. The partially finished basement offers further possibilities for storage or additional living space, depending on your vision for this property.
The lot measures an impressive 40 by 100 acres, providing ample outdoor space for tenants to enjoy. However, it is worth noting that there is no garage space or driveway associated with this property, which may be a consideration for prospective buyers. Nevertheless, there are parking spaces available for up to three vehicles, ensuring that residents have access to convenient parking.
This Multi-Family Home for sale in Timmins is not just a building; it is a well-established community hub that has stood the test of time, with an age range of 51-99 years. Its location in the SP - Main Area of Timmins means that residents have easy access to local amenities, shops, and recreational activities, further enhancing its desirability.
In summary, 134 Golden Avenue, Timmins, presents an exceptional investment opportunity with its fully tenanted status and diverse range of apartment types. The combination of location, space, and community makes this Multi-Family Home for sale in Timmins a standout choice for investors looking to expand their portfolio. With its proximity to Porcupine Lake and the bustling Downtown South Porcupine, this property is sure to attract attention.
Don’t miss out on the chance to own this Multi-Family Home for sale in Timmins. With its strong rental history and potential for future growth, 134 Golden Avenue, Timmins, is a property that should not be overlooked. Whether you are an experienced investor or a first-time buyer, this multiplex offers a unique opportunity to secure a valuable asset in a thriving community. Act now and seize the opportunity to invest in this remarkable property!
SP - Main Area in Timmins is a vibrant and welcoming neighbourhood that encapsulates the essence of Northern Ontario living. Nestled amidst the lush natural beauty of the region, this area boasts a mix of residential and commercial spaces, providing residents with easy access to essential amenities and local services. The community is characterised by its friendly atmosphere, with well-maintained parks and recreational facilities that encourage outdoor activities and social interaction. With a rich cultural heritage and a strong sense of community spirit, SP - Main Area offers a unique blend of urban convenience and the charm of small-town life, making it an ideal place for those seeking a balanced lifestyle in a picturesque setting.
This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Golden Avenue Public School, situated just 0.1 km away, offering English instruction for grades JK to 6. For families with older children, Roland Michener Secondary School is a mere 0.8 km from the property, providing education for grades 9 to 12, also in English. Additionally, Bertha Shaw Public School, located 0.6 km away, offers a French-language curriculum for grades JK to 6, catering to diverse educational needs. Notably, Roland Michener Secondary School also offers a French program for grades 9 to 12, ensuring that students have access to a bilingual education. All schools are part of the District School Board Ontario North East, providing a consistent educational framework. With such a variety of schooling options nearby, parents can feel confident that their children will receive a quality education in a supportive environment. This proximity to schools not only enhances the convenience of daily commutes but also adds to the overall appeal of the property for families seeking a nurturing community.
This property features 6 bathroom(s) and 8 bedroom(s).
This Multiplex property does not have an additional bedroom or a den.
The total square footage of this Multiplex 8 bed property in Timmins is 2500 - 3000.
134 Golden Avenue boasts 3 convenient parking spaces.
This property does not feature a garage.
Information about the garage type is not provided.
Yes, this property has a basement.
This property features Partially Finished basement.
It is not specified whether this property has a swimming pool.
There is no fireplace in this property.
This property includes 6 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Baseboard.
This property include following utilities : Cable, Gas, Telephone, Electricity.
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