43 Duncan Avenue S Kirkland Lake (Kl & Area), Ontario P2N 1X8
$499,000
Seize the chance to own this profitable, fully tenanted 6-unit apartment building! The property comprises four spacious 2-bedroom apartments, one 3-bedroom apartment, and one 1-bedroom apartment, offering a diverse and stable tenant base. Situated in a quiet neighborhood just minutes from downtown Kirkland Lake and the bustling retail and food district, this location enhances tenant retention and longevity. This golden opportunity is perfect for new investors eager to enter the real estate market, become landlords, and secure a steady income stream. There is also potential to add an additional unit in the basement and install washer/dryer in three of the existing units. For investors interested in maximizing returns, there is potential for higher rental rates through strategic renovations and upgrades. Don't miss out on this prime investment opportunity! (id:35492)
Property Details
| MLS® Number | T11821795 |
| Property Type | Multi-family |
| Community Name | KL & Area |
| Parking Space Total | 2 |
Building
| Appliances | Refrigerator, Stove |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 3,724 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 94 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 94 Ft |
| Size Total Text | 40 X 94 Ft |
| Zoning Description | Residential - Multiplex |
https://www.realtor.ca/real-estate/27699239/43-duncan-avenue-s-kirkland-lake-kl-area-kl-area
Contact Us
Contact us for more information
Arezo Mansury
Salesperson
480 Eglinton Ave West #30, 106498
Mississauga, Ontario L5R 0G2
(905) 565-9200
(905) 565-6677
www.rightathomerealty.com/
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December 01 2024 05:11:19
Toronto Regional Real Estate Board
Right At Home Realty