16
See all 16 photos
$549,000
Est. payment /mo
9 Beds
4 Baths
Active
63 Second ST E Kirkland Lake, ON P2N 1R6
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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 9
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
Family Room No
Basement Unfinished
Kitchen 4
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Unknown
Lot Frontage 49.83
Lot Depth 119.58
Total Parking Spaces 4
Building
Unit Features School,Public Transit,Library,Park
Foundation Unknown
Listed by EXECUTIVE HOMES REALTY INC.