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47 Government Road W Kirkland Lake, Ontario P2N 2E3

16500
None Hot Water Radiator Heat

$1,450,000

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 $169,620 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 5.05% (id:22409)

Property Details

MLS® Number 40192118
Property Type Multi-family
Amenities Near By Park, Schools
Equipment Type None
Features Park/reserve, Country Residential
Rental Equipment Type None
Structure Shed

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type None
Exterior Finish Brick
Fire Protection Security System
Foundation Type Poured Concrete
Heating Type Hot Water Radiator Heat
Stories Total 3
Size Interior 16500
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Schools
Sewer Municipal Sewage System
Size Frontage 28 Ft
Size Total Text Under 1/2 Acre
Zoning Description Mixed Use

https://www.realtor.ca/real-estate/23873823/47-government-road-w-kirkland-lake

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