63 Second Street E Kirkland Lake, Ontario P2N 1R6
$549,000
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 (id:61852)
Property Details
| MLS® Number | T12071773 |
| Property Type | Multi-family |
| Community Name | KL & Area |
| AmenitiesNearBy | Schools, Public Transit, Park |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 9 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 10 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Schools, Public Transit, Park |
| Sewer | Sanitary Sewer |
| SizeDepth | 119 Ft ,7 In |
| SizeFrontage | 49 Ft ,9 In |
| SizeIrregular | 49.8 X 119.6 Ft |
| SizeTotalText | 49.8 X 119.6 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
https://www.realtor.ca/real-estate/28142662/63-second-street-e-kirkland-lake-kl-area-kl-area
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Muhammad Ali Khan
Salesperson
290 Traders Blvd East #1
Mississauga, Ontario L4Z 1W7
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April 09 2025 04:21:15
Toronto Real Estate Board
Executive Homes Realty Inc.
