69 Mccamus Avenue, Kirkland Lake, Ontario P2N 2J7

Listed for:
$409,900
6 beds
4 baths
Listed 61 days ago
Fourplex for rent: 69 Mccamus Avenue, Kirkland Lake, Ontario P2N 2J7

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Learn more about this property
Listing provided by:
RE/MAX CROWN REALTY (1989) INC
MLS® number:
T12415169
Agent:
Jacques Pepin
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About

Cross Streets: Park Street. ** Directions: From gov't rd turn onto Woods St. Left on McCamus. 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:27476)

Property Highlights

MLS® Number
T12415169
Type
Multi-family
Community Name
KL & Area
Land Size
44.8 x 105.7 FT
Parking Space Total
5

Building

Building Type
Fourplex
Storeys
2.00
Square Footage
2500 - 3000 sqft
Bathrooms Total
4
Bedrooms Above Ground
6
Bedrooms Total
6
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

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