12
See all 12 photos
$349,100
Est. payment /mo
5 Beds
3 Baths
Pending
5 Balsam AVE Kirkland Lake, ON P2N 1W7
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Kl & Area
MLS Listing ID T11925155
Style 3-Storey
Bedrooms 5
Building Age 51-99
Annual Tax Amount $1,045
Tax Year 2024
Property Sub-Type Multiplex
Property Description
*Recently Renovated Triplex in Kirkland Lake A Prime Investment Opportunity* This updated triplex in the heart of Kirkland Lake offers a fantastic opportunity for investors or for a buyer looking to live in one unit and rent out the others for additional income. Two spacious 2-bedroom units with bright living spaces, perfect for tenants or families. One cozy 1-bedroom unit, ideal for singles or couples looking for a low-maintenance space. Each unit comes with its own laundry hookups, providing convenience for tenants. Six plus parking spots ensuring ample space for tenants and guests. Outside, you'll find individual storage space, perfect for stowing away seasonal items or additional belongings. The property has been thoughtfully updated, providing peace of mind for years to come. Located in a prime area of Kirkland Lake, this triplex is just minutes away from local amenities, schools, and parks, making it an attractive choice for renters. Whether you're looking for a steady stream of rental income or a well-situated home with rental potential, this property checks all the boxes. All units are currently tenanted with a gross income of $46,800/year... 2 Bedroom Rented @ $1500/mth. 2 Bedroom rented @ 1400/mth, 1 Bedroom rented @ $1000/mth. Don't miss your chance to own this turnkey investment - schedule a viewing today!
Location
Province ON
County Timiskaming
Community Kl & Area
Area Timiskaming
Zoning R2
Rooms
Family Room No
Basement Crawl Space
Kitchen 3
Interior
Interior Features None
Cooling None
Inclusions 3 Refrigerators, 3 Stoves
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 43.25
Lot Depth 110.25
Total Parking Spaces 6
Building
Foundation Block
Listed by ROYAL LEPAGE NORTHERN GOLD REALTY