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7 FEDERAL STREET, Kirkland Lake

5 BEDS · 3 BATHS · 1500 - 2000 sqft

$333,333

Located in the quiet and friendly Federal neighborhood, this triplex is ideal as an investment property or as a multi-generational family residence. Upstairs is a three-bedroom unit (one bedroom is presently used as a laundry room) while the main level has two self sufficient one-bedroom apartments. Two units are presently vacant. The third unit will be vacant as of Oct. 31, 2026...this will allow Buyer to choose tenants and to set the rents. The full unfinished basement has lots of space, a convenient workshop and a laundry area for main level tenants. Included are all appliances (three fridges, three stoves, two dishwashers, chest freezer and two sets of washers and dryers). There are four parking spaces with two located under the convenient carport. The rustic two bay outer building provides lots of extra storage space for your tools and toys. Many upgrades completed include: steel roof (2016), electrical upgrades, new steel support posts in the basement and a recently refinished entrance foyer. Conveniently located a short walk to Northern College and Kirkland Lake District Hospital. Live in one unit and have the other two units subsidize costs while your investment grows or add this triplex to your investment portfolio & rent out all three units. Now's the perfect time to invest as the region anticipates substantial growth in the very near future.

General Info


MLS Listing ID: T13557036 Bedrooms: 5 Bathrooms: 3 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Poured Concrete Roof: N/A Title To Land: N/A Parking Space Total: 4
Parking: N/A Heating: Forced air Size: 1500 - 2000 sqft Air Conditioning : Window air conditioner
Home Style: N/A Finished Floor Area: Hardwood Fireplaces: N/A Basement: Full (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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