$999,900

Investment For Sale In Pembroke, Ontario

$999,900

Property Information:

Solid purpose built 6 unit apartment building in an premium location. This building attracts quality long term tenants and has been meticulously maintained by the owner over the years. All units have a modern open concept with gas fireplace, laundry, & central air. Above grade units have private balcony. Superior construction with 1" concrete floors and double insulated walls in hallways for soundproofing. Secure building with separate locks and upgraded doors. HRV in hallways. All this with paved parking and outdoor plugs. Gross rents $80,004/yr. Taxes $10,720/yr. Water/sewer $5928/yr. Hydro (common areas) $780/yr. Insurance $3000/yr. Grass/snow $2000/yr. Tenants pay heat and hydro. Roof is 2017. Prime location within walking distance to downtown Pembroke and all amenities. 24 hour irrevocable on all offers. (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 2004
  • Irregular: Yes
  • Lot Depth: 64.8 Feet
  • Lot Frontage: 130.6 Feet
  • Lot Size: 130.58 ft X 64.82 ft
  • Zoning: Res Type 4 R4
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 9

Courtesy of: Royal LePage Edmonds & Associates

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