47 GOVERNMENT Road W , Kirkland Lake

$1,450,000 / MLS® Listing #:40192118

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47-49 Government Road West. A 3 story + Basement solid brick building with 23 units, comprising 4 commercial (Retail) and 19 residential units. 2020 Income $171,408.48 Expenses $91,343. Phenomenal location right downtown! Great visibility for commercial tenants and residential tenants can walk to everything. Sold as a package with 26 Lebel Ave to provide adequate parking. Asphalt rolled roof replaced 2013. 3 Boilers in 49 Government replaced 2008, 1 Boiler in 47 Government replaced in 2015. See website for unit breakdown, lease information, detailed expenses and everything a savvy investor will need to add this beauty to their portfolio. CAP 5.28%, Directions:Government Road W & Lebel Ave, Exclusions:all tenant belongings

Property Details

Property Type Multi-10+Unit
Property Style N/A
Square Feet 10,000+
Property Tax $29,640
Maintenance $7500
Days On Our Website 54
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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