6 Bedroom
4 Bathroom
2500 - 3000 sqft
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: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 |
|
Cooling Type
|
None |
|
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