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$ 479,900
Est. payment /mo
Active
394 PEMBROKE STREET E Pembroke, ON K8A3K6
9 Beds
4 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $137
Subdivision 530 - Pembroke
MLS® Listing ID X12541352
Bedrooms 9
Source Renfrew County Real Estate Board
Property Description
Excellent investment opportunity in the heart of Pembroke! This solid 2.5-storey 4-plex offers an impressive 10.6% CAP rate, making it a fantastic addition to any investor's portfolio. The property features four well-sized units - two 2-bedroom units, one spacious 4-bedroom unit, and one 1-bedroom unit - providing strong rental potential and solid monthly income. A detached double car garage offers additional earning potential if rented separately for storage or parking. Major updates have already been taken care of for peace of mind - electrical upgrades, fire retrofitting, and exterior landscaping were completed between 2024-2025, bringing the building up to modern standards and reducing future maintenance costs. Located within the City of Pembroke, tenants will appreciate easy access to shopping, restaurants, and employment opportunities. Whether you're a seasoned investor looking to expand your portfolio or just starting out, this property offers steady cash flow and great future appreciation potential. Don't miss your chance to secure an income-generating multi-unit property in one of the Ottawa Valley's most stable rental markets! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat, Not known
Cooling None
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped
Story 2.5
Sewer Sanitary sewer
Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES
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