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$ 419,900
Est. payment /mo
New
69 MCCAMUS AVENUE Kirkland Lake (kl & Area), ON P2N2J7
6 Beds
4 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $167
Subdivision Kl & Area
MLS® Listing ID T12415169
Bedrooms 6
Source Timmins, Cochrane & Timiskaming District Association of REALTORS®
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by RE/MAX CROWN REALTY (1989) INC
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