69 McCamus AVE new Save Request In-Person Tour Request Virtual Tour
Kirkland Lake,ON P2N 2J7
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Kl & Area
MLS Listing ID T12415169
Style 2-Storey
Bedrooms 6
Building Age 51-99
Annual Tax Amount $3,331
Tax Year 2025
Property Sub-Type Fourplex
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.
Location
Province ON
County Timiskaming
Community Kl & Area
Area Timiskaming
Zoning R-2
Rooms
Family Room Yes
Kitchen 4
Interior
Cooling None
Inclusions 4x Fridges, 4x Stoves, 1 Washer and 1 Dryer (coin operated)
Exterior
Pool None
Roof Type Asphalt Shingle
Building
Foundation Unknown
Sewer Municipal Available