672-680 Mackay Street Pembroke, Ontario K8A 1G5
$1,095,000
Calling all Investors! This well to do investment property is only footsteps from the Pembroke Regional Hospital and sought after East End Pembroke offering tenants a comfortable place to call home! 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 6.2 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 rental market and units are always in high demand. Call to book a private viewing today! (id:43934)
Property Details
| MLS® Number | 1389137 |
| Property Type | Multi-family |
| Neigbourhood | Hospital / East End |
| Parking Space Total | 6 |
Building
| Exterior Finish | Brick, Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Radiant Heat |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 78 Ft |
| Size Frontage | 152 Ft |
| Size Irregular | 152 Ft X 78 Ft |
| Size Total Text | 152 Ft X 78 Ft |
| Zoning Description | Commercial Apartment |
https://www.realtor.ca/real-estate/26816914/672-680-mackay-street-pembroke-hospital-east-end
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May 02 2024 11:08:35
Renfrew County Real Estate Board
Royal LePage Edmonds & Associates