69 MCCAMUS AVENUE, Kirkland Lake (KL & Area), Ontario, P2N2J7
MLS: T12415169 | Fourplex
$399,900
Property Description
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:64974)
Quick Facts
- Property Type: Fourplex
- Bedrooms: 6 (6 above)
- Bathrooms: 4
- Attached: Yes
- Parking: 5 spaces (Detached Garage, Garage)
- Frontage: 45 ft (13.7 m)
Costs
- Annual Taxes: $3,331.00
Listing Provided by: RE/MAX CROWN REALTY (1989) INC
Board: Timmins, Cochrane & Timiskaming District Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Natural gas
- Cooling: None
- Basement: Unfinished, N/A
- Appliances: Washer, Refrigerator, Stove, Dryer, Water Heater - Tankless, Water Heater
- Utilities: Sewer, Electricity, Cable
Exterior & Construction
- Exterior: Vinyl siding
- Foundation: Unknown
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 45 ft (13.7 m)
- Features: Irregular lot size
- Zoning: R-2
Community & Neighbourhood
- Neighbourhood: KL & Area
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 69 MCCAMUS AVENUE, Kirkland Lake (KL & Area), Ontario, P2N2J7
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