SOLID INVESTMENT OPPORTUNITY! This well-maintained 4-unit building generates $4,409.64/month in rental income with an 8.29% cap rate and $34,795.17 NOI. The property features two 2-bedroom and two 1-bedroom apartments with potential for a fifth unit in the basement. Recent upgrades include newer insulation and siding (2022), roof shingles (2019), 400-amp electrical panel, hot water on-demand, some updated windows and flooring, and coin-operated laundry (2022). Additional amenities include a wired, insulated/heated 25' x 23' garage (currently rented for $200/month) and ample parking. Strong rental history with immediate cash flow potential. (id:50947)
| 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 |
| 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 |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2500 - 3000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| 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 |
| 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
Jacques Pepin
Salesperson
(705) 560-5650
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