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$ 429,900
Est. payment /mo
Active Under Contract
391 - 399 Murdock AVE Timmins, ON P4N 5T9
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Tne - Hill District
MLS Listing ID T13232784
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,585
Tax Year 2025
Property Sub-Type Duplex
Property Description
Properties like this don't come along often! This impressive income-generating duplex offers the perfect combination of space, functionality, and investment potential. With each unit featuring approximately 1,214 sq. ft. of living space spread over multiple levels, this is far from your typical duplex. Unit 391 features 3 bedrooms and 1 bathroom, while Unit 399 offers 3 bedrooms and 1.5 bathrooms, providing comfortable living spaces that appeal to a wide range of tenants. Both units enjoy access to a large shared backyard, offering plenty of outdoor space for relaxation and recreation. This investment is made even more attractive with tenants responsible for their own heat and hydro costs, helping to keep operating expenses lower for the owner and maximizing cash flow. Several updates have been completed in recent years, including a repaired deck (2023), a new roof (2024), two new dryers (2023), a new stove in Unit 391 (2024), and cosmetic improvements completed in Unit 399 (2024).With established rental income, major updates already completed, and utility costs largely covered by the tenants, this cash-flowing duplex is an excellent opportunity for investors looking to expand their portfolio or enter the income property market.
Location
State ON
County Cochrane
Area Cochrane
Zoning NA-R3
Rooms
Family Room Yes
Basement Unfinished
Kitchen 2
Interior
Interior Features Carpet Free, Separate Hydro Meter
Cooling None
Inclusions Fridge x2, Stove x2, Washer x2 and Dryer x2.
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 63.0
Lot Depth 103.0
Total Parking Spaces 4
Building
Foundation Concrete
Others
Senior Community No
ParcelsYN No
Listed by REVEL REALTY INC.