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Kirkland Lake,ON P2N 2G4
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Kl & Area
MLS Listing ID T12308017
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,000
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Fully Renovated Turnkey 4-Plex Investment Opportunity In Kirkland Lake! This Vacant And Updated Multiplex Features 2 Spacious Two-Bedroom Units And 2 Large One-Bedroom Units Each With One Kitchen And One Full Bathroom. The Building Has Been Extensively Upgraded With New Vinyl Siding, New Windows, Added Exterior Insulation, And All New Steel Entry Doors For Enhanced Security And Efficiency. Inside, Every Unit Shines With Brand New Luxury Vinyl Plank Flooring, Fresh Paint, New Interior Doors And Trim. All Kitchens Have Been Fully Renovated Including Quartz Countertops In The Main Floor Units. Bathrooms Have Been Stylishly Remodeled With Modern Tile, New Shower Enclosures, Vanities, Toilets Plus Heated Tile Flooring In Select Units. Most Units Are Separately Metered, Allowing Tenants To Pay Their Own Hydro (Water Shared). Projected Gross Rents Of $4,400 to $5,000 Per Month Make This A Strong Cash Flow Positive Asset. All Units Are Vacant Offering The Rare Opportunity To Hand-Pick Your Tenants, Lease To Local Employers Like Gold Mines, Or Convert Into A Boutique STR Or Airbnb-Style Rental. Four Rear Parking Spaces accessible from rear laneway . Potential seller financing or VTB available
Location
State ON
County Timiskaming
Community Kl & Area
Area Timiskaming
Rooms
Family Room No
Basement Full,Partially Finished
Kitchen 4
Interior
Interior Features Water Meter
Heating Yes
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Foundation Stone,Poured Concrete
Others
ParcelsYN No