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. The upstairs & lower front units are vacant. 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. (Water is metered monthly: June 2026 $142.34) (id:4069)
Address
7 FEDERAL STREET
List Price
$359,000
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kirkland Lake
Bedrooms
5
Bathrooms
3
Floor Area
1500 - 2000 Sq. Ft.
Lot Size
40 x 95 FT Sq. Ft.
Lot Depth
95 ft
Frontage Length
40 ft
MLS® Number
T13557036
Listing Brokerage
SHERRY PANAGAPKA REAL ESTATE LTD.
Basement Area
Full (Unfinished)
Postal Code
P2N1E4
Zoning
R2
Parking Places (Total)
4
Appliances
All, Dishwasher, Dryer, Gas stove(s), Washer, Refrigerator
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Window air conditioner
Foundation Details
Poured Concrete
Other Structures
Shed
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Sanitary sewer
