$1,075,000

672-680 MACKAY STREET, Pembroke, Ontario K8A1G5

  • Residential Income Property Type
Property 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. (id:58395)

Listing Stats
Residential Income
for Sale
1402066
$1,075,000
Active
$0
Features
: Forced air, Natural gas, Radiant heat
: Brick, Siding
: Municipal sewage system
Location
Canada
ON
Pembroke
K8A1G5
MACKAY
672-680
Street
W78° 53' 28.8''
N45° 48' 56.3''
MLS Details
Active
$0
Additional Information
152 ft X 78 ft
: Municipal water
2.0
6
Financial
$5,348
Listing Information
2024-07-11T03:16:02Z
Renfrew County Real Estate Board
2024-07-11T03:08:57Z
Basic Details
Multi-family
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