$619,900

House For Sale In Pembroke, Ontario

$619,900

Property Information:

Introducing a fantastic investment opportunity: a Multi Unit Fourplex zoned R3-4-S, nestled at the end of a quiet street. This property features three 3-bedroom units and one 2-bedroom unit, all boasting impressive financials. Annual gross income $73,680. Annual expenses $20,175. The size of the units range, with the smallest unit being 1300 sq/ft. Ideally located for easy access to both the West End and East End of Pembroke, it’s a great spot for tenants. Units 2 and 4 showcase updated flooring, while unit 4 also boasts a renovated bathroom. Two of the four units have a patio and garage! With a newer roof just 5-6 years old, maintenance is minimal. Enjoy ample parking for tenants, and benefit from reduced expenses as they cover gas and hydro in units 2 and 4 - all units have separate hydro and gas meters. Current rental income reflects full occupancy, making this a lucrative venture. 24 hours irrevocable on all offers., Flooring: Mixed (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Single Family
  • Amenities Nearby: Park
  • Features: Ravine
  • Irregular: Yes
  • Lot Depth: 125.9 Feet
  • Lot Frontage: 113.3 Feet
  • Lot Size: 113.32 x 125.98 FT ; 0
  • Utility Type:
  • Zoning: R3-4-S
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage
  • No. of Parking Spaces: 8

Courtesy of: Royal LePage Edmonds & Associates

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