$549,000
Available - For Sale
Listing ID: T12071773
63 Second Stre East , Kirkland Lake, P2N 1R6, Timiskaming
| 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 |
| Price | $549,000 |
| Taxes: | $5098.35 |
| Occupancy: | Tenant |
| Address: | 63 Second Stre East , Kirkland Lake, P2N 1R6, Timiskaming |
| Directions/Cross Streets: | Second St E & Young St |
| Rooms: | 14 |
| Bedrooms: | 9 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bedroom 2 | 12.1 | 12.43 | B/I Closet |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Available |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Available |
| Park #2 | |
| Parking Type: | Available |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | School, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| EXECUTIVE HOMES REALTY INC. |
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Dir:
416-828-2535
Bus:
647-462-9629
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Timiskaming |
| Municipality: | Kirkland Lake |
| Neighbourhood: | KL & Area |
| Style: | 2-Storey |
| Tax: | $5,098.35 |
| Beds: | 9+1 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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