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)
| MLS® Number | T12415169 |
| Property Type | Multi-family |
| Community Name | KL & Area |
| EquipmentType | None |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | None |
| 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 |
| Detached Garage | |
| Garage |
| 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 |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28887710/69-mccamus-avenue-kirkland-lake-kl-area-kl-area
Contact us for more information
Marissa Arnold
Broker of Record