71 Second Street E Kirkland Lake, Ontario P2N 1R6
$299,000
Fully rented fourplex in Kirkland generating $3,800/month with low ~$1,100/month expenses, delivering an impressive 10.8% CAP rate at $299K. Turnkey cash flow from day one with upside potential by adjusting long-term tenants rent. Stable income, strong location, and built-in growth make this an exceptional investment opportunity. (id:47351)
Property Details
| MLS® Number | T12342723 |
| Property Type | Multi-family |
| Community Name | KL & Area |
| Features | Carpet Free |
| Structure | Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Water Meter, Dryer, Stove, Washer, Refrigerator |
| Basement Type | Crawl Space |
| Exterior Finish | Stucco, Vinyl Siding |
| Foundation Type | Wood, Wood/piers |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 119 Ft ,7 In |
| Size Frontage | 24 Ft ,10 In |
| Size Irregular | 24.9 X 119.6 Ft |
| Size Total Text | 24.9 X 119.6 Ft |
| Zoning Description | R |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28729155/71-second-street-e-kirkland-lake-kl-area-kl-area
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August 13 2025 08:24:36
Timmins Cochrane & Timiskaming District Association of REALTORS®
Exp Realty Ltd. - Branch, RE/MAX Hallmark Ari Zadegan Group Realty