See all 38 photos
$649,900
Est. payment /mo
9 Beds
7 Baths
Price Dropped by $49K
38 Duncan AVE S Kirkland Lake, ON P2N 1X7
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Kl & Area
MLS Listing ID T12399932
Style Other
Bedrooms 9
Annual Tax Amount $6,657
Tax Year 2025
Property Sub-Type Multiplex
Property Description
PRIME MULTI-UNIT INVESTMENT-FULLY OCCUPIED WITH GREAT RETURNS! This fully rented 7-plex is an exceptional investment opportunity, generating a solid net income of approximately $60,000.00 per year. Featuring two spacious two-bedroom apartments & five well-designed one-bedroom apartments, the building offers a strong mix of units that appeal to a wide range of tenants. Originally a church, the property has been thoughtfully transformed into 7 beautiful apartments, blending charm & character with modern comfort. Located in the heart of downtown, this income property would make a valuable addition to your portfolio.
Location
Province ON
County Timiskaming
Community Kl & Area
Area Timiskaming
Zoning Commercial
Rooms
Family Room No
Basement Finished, Full
Kitchen 9
Interior
Interior Features None
Cooling None
Inclusions Fridge, stove, washer, dryer in all units.
Exterior
Parking Features Private
Pool None
View Clear
Roof Type Asphalt Shingle
Lot Frontage 90.0
Lot Depth 94.0
Total Parking Spaces 6
Building
Building Age 51-99
Foundation Block
Others
Senior Community No
ParcelsYN No
Listed by Dion Realty Group Inc.
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