LOADING

69 Mccamus Avenue Kirkland Lake, Ontario P2N 2J7

6 Bedroom 4 Bathroom 2500 - 3000 sqft
None Baseboard Heaters

$399,900

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:61445)

Property Details

MLS® Number T12415169
Property Type Multi-family
Community Name KL & Area
EquipmentType None
Features Irregular Lot Size
ParkingSpaceTotal 5
RentalEquipmentType None

Building

BathroomTotal 4
BedroomsAboveGround 6
BedroomsTotal 6
Age 51 To 99 Years
Appliances Water Heater - Tankless, Water Heater, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Unfinished
BasementType N/a (unfinished)
ConstructionStatus Insulation Upgraded
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

AccessType Public Road
Acreage No
Sewer Sanitary Sewer
SizeDepth 105 Ft ,8 In
SizeFrontage 44 Ft ,9 In
SizeIrregular 44.8 X 105.7 Ft
SizeTotalText 44.8 X 105.7 Ft
ZoningDescription R-2

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28887710/69-mccamus-avenue-kirkland-lake-kl-area-kl-area

Interested?

Contact us for more information


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Marissa Arnold
Broker of Record


RE/MAX Crown Realty (1989) Inc
237 Rosemarie Crex
Timmins, Ontario P4P 1C2

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