11
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$299,000
Est. payment /mo
5 Beds
4 Baths
Active
71 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 2000-2500
Subdivision Kl & Area
MLS Listing ID T12342723
Style 2-Storey
Bedrooms 5
Annual Tax Amount $1,737
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Fully rented fourplex in Kirkland generating $3,800/month with low ~$1,100/month expenses, delivering an impressive 10.8% CAP rate at $299K. Turnkey cash flow from day one with upside potential by adjusting long-term tenants rent. Stable income, strong location, and built-in growth make this an exceptional investment opportunity.
Location
Province ON
County Timiskaming
Community Kl & Area
Area Timiskaming
Zoning R
Rooms
Family Room No
Basement Crawl Space
Kitchen 4
Interior
Interior Features Carpet Free
Cooling None
Inclusions 4 stoves, 4 fridges, 4 washers, 4 dryers
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Lot Frontage 24.91
Lot Depth 119.58
Building
Building Age 51-99
Foundation Wood, Piers
Others
Senior Community No
ParcelsYN No
Listed by eXp Realty Ltd. - Branch
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