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69 Mccamus Avenue Kirkland Lake (Kl & Area), Ontario P2N 2J7

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

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

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