$995,000
( )
 $5,341 est/mo Sourced by Back At You

672-680 Mackay St , Pembroke, ON K8A 1G5

Pembroke, ON K8A 1G5

Share with a friend

Description

Calling all Investors! Well kept investment property across the road from the Pembroke General Hospital, in the sought after east end Pembroke. Fully occupied and generating great income. These well maintained buildings, both have had substantial upgrades and improvements including new roofs, new furnaces, new coin operated laundry machines, and all apartments have had major renovations in the past several years including new flooring, new kitchens, new bathrooms, new plumbing and more. The property has an impressive 6.3 percent cap rate in an already competitive market with additional room to grow upon tenant turnover and improved rental income. The unit mix includes (1 x 3 Bed Apartment, 3 x 1 Bed Apartments and 2 x 2 Bed Apartments) giving landlords an opportunity to serve the needs of several different tenant profiles including those that need accessibility. Vacancies are a rarity in this market and units are in high demand. In depth investment analysis available upon request.

Details

MLS#X9522849
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site12
Listing Provided ByROYAL LEPAGE EDMONDS & ASSOCIATES | Not Provided

Features

ZoningCommercial Apartment
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

Request a showing

Request a showing

Loading Form
Listings Checked: 42 seconds ago
ProvinceON
CountyPembroke
CityPembroke
Postal CodeK8A 1G5
AreaRenfrew
Community Name530 Pembroke
Listing VS Median (in 530 Pembroke)
Price:
$995,000
low | high
Med:
$0
On Site:
12
low | high
Med:
Sourced by Back At You
Listing Updated: November 4, 2024 at 2:22:27 AM PST