69 MCCAMUS AVENUE, Kirkland Lake (KL & Area), Ontario, P2N 2J7

$399,900

MLS® # T12415169

Investment For Sale In Kirkland Lake (KL & Area), Ontario

$399,900

Property Information:

SOLID INVESTMENT OPPORTUNITY! This well-maintained 4-unit property offers a projected $4,533.39/month in rental income with two units currently vacant, perfect for lease-up or selecting your own tenants. With an estimated 9% cap rate and $36,200.92 NOI, it's a strong cash-flow performer. Features include two 2-bedroom and two 1-bedroom units, potential for a 5th unit in the basement, and major upgrades: insulation and siding (2022), roof shingles (2019), 400-amp electrical panel, hot water on-demand, updated windows and flooring, coin laundry (2022), and a heated, wired garage rented at $200/month. A turnkey investment with upside potential. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Construction Status: Insulation upgraded
  • Exterior Finish: Vinyl siding
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Access Type:
  • Features: Irregular lot size
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 105.7 Feet
  • Lot Frontage: 44.8 Feet
  • Lot Size: 44.8 x 105.7 FT
  • Utility Type: Sewer - Installed, Hydro - Installed, Cable - Installed
  • Zoning: R-2
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX CROWN REALTY (1989) INC

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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