76 & 74 PROSPECT Avenue , Kirkland Lake

16 Bed / 11 Bath / $800,000 / MLS® Listing #:40147708

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Prime multi-residential investment property in Kirkland Lake, Ontario. This solid brick construction 11 unit building was built in the 1930's and is comprised of four 1 bed/1 bath, six 2 bed/1 bath and one bachelor units. Building is equipped with security camera system and locked front entrance. Excellent location in the town known for gold mining and solid employment growth. This building is sold as a package with 74 Prospect which is a vacant lot next door with 8 tenant parking spaces. Separately metered utilities. Recent renovations to unit #5 (2010), unit #6 (2016), new hallways carpets & paint (2016). Some windows replaced in 2016. Gross rents $7,583.33/month. Cap 5.95. Full list of financials available. Financials calculated over 12 months period. Square footage is approximate, buyer to do own due diligence., Directions:Prospect & Taylor Ave, Exclusions:all tenant belongings

Property Details

Property Type Multi-10+Unit
Property Style N/A
Square Feet 6001 to 7000
Property Tax $10,476
Maintenance $4550
Days On Our Website 55
Basement
Kitchens 0
Garages
Pool N/A
Fireplaces
Air Conditioning No
Heating Hot Water-Other - Hot Water-Other
Exterior Brick
Garage Type N/A
Sewers Sewer (Municipal)
Water Municipal

Listing Office: Keller Williams Signature Realty, Brokerage

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