6 Bedroom
4 Bathroom
2500 - 3000 sqft
Baseboard Heaters
$419,900
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:49187)
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 |
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 |
Parking
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