300-306 Church Street Pembroke, Ontario K8A 4L3
$625,000
Looking to kickstart your real estate portfolio? This fantastic 4-unit investment property, just blocks from downtown Pembroke, is the perfect opportunity! Featuring Three 2-bedroom units and One 1-bedroom units, each designed with large, bright windows that fill the spaces with natural light, this property offers comfortable living for tenants and steady rental income for you which in 2024 totalled $71,500 with a net income of $40,196, offered at a cap rate of 6.5%!! Income calculation includes repairs, maintenance, vacancy and property management. There are 2 units currently vacant, set your own rents! Recent upgrades include a roof, updated doors, and two gas furnaces, ensuring lower maintenance costs and improved efficiency. With laminate flooring throughout, the units are both stylish and easy to maintain.A prime location, solid upgrades, and strong rental potential make this a must-see investment. Dont miss outcall today for more information or to book a showing! Please allow 24 hours' notice for all showings. (id:37553)
Property Details
| MLS® Number | X11968203 |
| Property Type | Single Family |
| Community Name | 530 - Pembroke |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Appliances | Refrigerator, Stove |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 72 X 66 Acre |
| Size Total Text | 72 X 66 Acre |
https://www.realtor.ca/real-estate/27904180/300-306-church-street-pembroke-530-pembroke
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February 19 2025 07:03:01
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group