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Kirkland Lake,ON P2N 1R6
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Kl & Area
MLS Listing ID T12071773
Style 2-Storey
Bedrooms 10
Annual Tax Amount $5,098
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Fully Renovated Four-Plex (2019) Prime Turnkey Investment Opportunity .This well-maintained four-plex is an excellent income-generating property, featuring two separate buildings, each housing two spacious units (one on the main floor and one on the second floor). With a total of four units, this property offers a balanced mix of two two-bedroom and two three-bedroom layouts, catering to a wide range of tenants. Key Features & Upgrades:Full Renovation in 2019 Modern finishes and quality upgrades throughout .Energy-Efficient Windows (2019) Enhanced insulation and reduced utility costs. Recent Mechanical Updates Includes a new furnace (1 year old), hot water tanks (2 years old), and a durable roof (4 years old)Separate Utilities Each unit has its own hydro meter, ensuring easy billing and tenant accountability . In-Unit Laundry Added convenience for tenants, increasing rental appeal .Ample Parking Dedicated parking spaces for all units, a valuable perk in high-demand areas Investment Highlights: Strong Rental Demand Ideal for long-term tenants or student rentals (if near a college/university)Low Maintenance Recent upgrades minimize immediate repair costs. Turnkey Operation Move-in ready with no major renovations needed .Financials Available : Detailed income and expense reports provided upon request
Location
Province ON
County Timiskaming
Community Kl & Area
Area Timiskaming
Rooms
Basement Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling None
Inclusions 4 Fridge, 4 Stove, 4 Washer, 4 Dryer
Exterior
Parking Features None
Pool None
Roof Type Unknown
Total Parking Spaces 4
Building
Foundation Unknown