43 Duncan Avenue S Kirkland Lake, Ontario P2N 1X8

$499,000

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! (id:58671)

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https://www.realtor.ca/real-estate/27699239/43-duncan-avenue-s-kirkland-lake-kl-area-kl-area