43 Duncan Avenue South, Kirkland Lake | Image 1

43 Duncan Avenue South

Kirkland Lake, KL & Area

  • Commercial

$499,000
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Residential - Mu

  • Age: No Data

  • Taxes: 3117.03

  • MLS®#: T11821795

  • Added: Dec 01, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RIGHT AT HOME REALTY

Seize the chance to own this profitable, fully tenanted 6-unit apartment building! The property comprises four spacious 2-bedroom apartments, one 3-bedroom apartment, and one 1-bedroom apartment, offering a diverse and stable tenant base. Situated in a quiet neighborhood just minutes from downtown Kirkland Lake and the bustling retail and food district, this location enhances tenant retention and longevity. This golden opportunity is perfect for new investors eager to enter the real estate market, become landlords, and secure a steady income stream. There is also potential to add an additional unit in the basement and install washer/dryer in three of the existing units. For investors interested in maximizing returns, there is potential for higher rental rates through strategic renovations and upgrades. Don't miss out on this prime investment opportunity!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Kirkland Lake

  • Community: KL & Area

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Taxes: $3,117

  • Taxes Type: Annual

Land

  • Cross Street: Duncan Ave S & Kirkp

  • Municipality District: Kirkland Lake

  • Parcel Number: 614070354

  • Lot Depth: 94 Feet

  • Lot Frontage: 40 Feet

  • Zoning: Residential - Mu

Commercial Specific

  • Total Area: 3724

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Map of 43 Duncan Avenue South, Kirkland Lake
7-8

École catholique Jean-Vanier

Elementary: Catholic
0.12 km
7-8

Kirkland Lake District Composite Elementary School

Elementary: Public
0.82 km
4-8

Sacred Heart Catholic School

Elementary: Catholic
0.29 km
JK-4

St Jerome School

Elementary: Catholic
1.11 km
JK-6

École catholique Assomption (Kirkland Lake)

Elementary: Catholic
0.32 km
JK-6

Central School

Elementary: Public
0.32 km
9-12

CEA New Liskeard

Secondary: Catholic
76.27 km
9-12

École secondaire catholique Jean-Vanier

Secondary: Catholic
0.10 km
9-12

Englehart High School

Secondary: Public
38.15 km
9-12

École secondaire catholique Sainte-Marie

Secondary: Catholic
75.64 km
9-12

Kirkland Lake District Composite Secondary School

Secondary: Public
4.03 km
9-12

Timiskaming District Secondary School

Secondary: Public
75.63 km
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 59 Government Road West, Kirkland Lake | MLS: T11882582
For Sale
2 weeks ago
$XXX,XXX
  • — bath
  • — bed

59 Government Road West, Kirkland Lake, Ontario • P2N 2E6 • KL & Area