300-306 Church Street, Pembroke, Ontario K8A 4L3

Listed for:
$600,000
7 beds
4 baths
Listed 45 days ago
Fourplex for rent: 300-306 Church Street, Pembroke, Ontario K8A 4L3

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Learn more about this property
Listing provided by:
RE/MAX HALLMARK REALTY GROUP
MLS® number:
X11968203
Agent:
Leo Alvarenga
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About

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 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:27476)

Property Highlights

MLS® Number
X11968203
Type
Multi-family
Community Name
530 - Pembroke
Land Size
72 x 66 Acre
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
2.50
Square Footage
3249.9733 - 3498.9705 sqft
Bathrooms Total
4
Bedrooms Above Ground
7
Bedrooms Total
7
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location