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$499,000
Available - For Sale
Listing ID: T11821795
Seize the chance to own this profitable, fully tenanted 6-unit apartment building! The property comprises four spacious 2-bedroom apartments, one 3-bedroom apartment, and one 1-bedroom apartment, offering a diverse and stable tenant base. Situated in a quiet neighborhood just minutes from downtown Kirkland Lake and the bustling retail and food district, this location enhances tenant retention and longevity. This golden opportunity is perfect for new investors eager to enter the real estate market, become landlords, and secure a steady income stream. There is also potential to add an additional unit in the basement and install washer/dryer in three of the existing units. For investors interested in maximizing returns, there is potential for higher rental rates through strategic renovations and upgrades. Don't miss out on this prime investment opportunity!
Price $499,000
Taxes: $3,117.03
Tax Type: Annual
Occupancy by: Tenant
Address: 43 Duncan Ave South , Kirkland Lake, P2N 1X8, Ontario
Postal Code: P2N 1X8
Province/State: Ontario
Lot Size: 40 x 94 (Feet)
Directions/Cross Streets: Duncan Ave S & Kirkpatrick St
Zoning: Residential - Mu
Category: Apartment
Building Percentage: Y
Total Area: 3,724
Total Area Code:  Sq Ft
Heat Type: Water Radiators
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Income Required $ $ $ $

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RIGHT AT HOME REALTY

43 Duncan Ave South , Kirkland Lake, P2N 1X8, Ontario

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Investment
Area: Timiskaming
Municipality: Kirkland Lake
Neighbourhood: KL & Area
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Lot Size: 40.00 x 94.00(Feet)
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Tax: $3,117.03
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic sales@bestforagents.com pic Cell: 416-548-7854 | Office: 416-548-7854
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