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. (39872383)
From Renfew, take Trans-Canada Hwy/Hwy 17 W for 50km, then right onto Hwy 41 N for 3km, then left onto MacKay St, left onto Mary St, then right onto Church St
Property Type
Multi-family
Annual Property Taxes
$5,050 (CAD)
Time on REALTOR.ca
44 days
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