69 Mccamus Avenue Kirkland Lake, Ontario P2N 2J7

6 Bedroom 4 Bathroom 2,500 - 3,000 ft2
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:35492)

Property Details

MLS® Number T12415169
Property Type Multi-family
Community Name KL & Area
Equipment Type None
Features Irregular Lot Size
Parking Space Total 5
Rental Equipment Type None

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Age 51 To 99 Years
Appliances Water Heater - Tankless, Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type N/a (unfinished)
Construction Status Insulation Upgraded
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Access Type Public Road
Acreage No
Sewer Sanitary Sewer
Size Depth 105 Ft ,8 In
Size Frontage 44 Ft ,9 In
Size Irregular 44.8 X 105.7 Ft
Size Total Text 44.8 X 105.7 Ft
Zoning Description 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

Contact Us

Contact us for more information

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Jacques Pepin
Salesperson

(705) 221-5597
www.facebook.com/JacquesPepinRemax/
www.linkedin.com/in/jacquespepinremax/
www.youtube.com/@jacquespepin4327

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

(705) 560-5650

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