See all 12 photos
$399,900
Est. payment /mo
6 Beds
4 Baths
2,500 SqFt
Price Dropped by $10K
69 MCCAMUS AVENUE Kirkland Lake (kl & Area), ON P2N2J7
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $159
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 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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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