5 Balsam Avenue, Kirkland Lake, ON Image 1

$349,100

$359,900
3.0% dropped

Last price change Mar 20

Multiplex For Sale
MLS - #T11925155
Apr 16- By ROYAL LEPAGE NORTHERN GOLD REALTY

5 Balsam Avenue, Kirkland Lake, ON P2N 1W7

5 Bed
3 Bath
1500-2000 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

< .50

Style

3-Storey

Approx. Area

1500-2000 Sqft

About 5 Balsam Avenue

*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!

Home Overview

Last updated

Apr 16

Virtual tour

None

Basement information

Crawl Space

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Crawl Space
Cooling:None
Heating:Other
Parking Features:Private
0
Similar Homes Found
$0
Average Price
34910000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 5 Balsam Avenue

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1333.33/ month
$279,280 Principal and Interest

Some information about this property - Balsam Avenue

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