Property Address: 69 Mccamus Ave, Kirkland Lake, ON, P2N2J8
Average square foot calculated using Size range provided by listing agent.
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:58753)Show Description