672-680 MACKAY STREET
Pembroke (530 - Pembroke), Ontario K8A1G5

$995,000

ID# X9522849
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:25961)

INTERESTING IN LEARNING MORE ABOUT THIS PROPERTY?

Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: October 17, 2024

On market: 41 days
Heating Type Radiant heat
Heating Fuel Natural gas
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Address Price Bed Bath SqFt Area Sub Area Brokerage
672-680 MACKAY STREET Pembroke (530 - Pembroke)
672-680 MACKAY STREET
$995,000 - - Unit=152 x 78 FT ; 0 Pembroke (530 - Pembroke) ROYAL LEPAGE EDMONDS & ASSOCIATES
366 ISABELLA STREET Pembroke (530 - Pembroke)
366 ISABELLA STREET
$359,900 4 2 41 x 132 FT ; 0 Pembroke (530 - Pembroke) ROYAL LEPAGE EDMONDS & ASSOCIATES
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671 GORDON STREET
$280,000 3 2 76.08 x 66.24 FT ; 0 Pembroke (530 - Pembroke) ROYAL LEPAGE EDMONDS & ASSOCIATES
1100 PEMBROKE STREET Pembroke (530 - Pembroke)
1100 PEMBROKE STREET
$175,000 - - Unit=20 Pembroke (530 - Pembroke) EXIT OTTAWA VALLEY REALTY
240 IRVING STREET Pembroke (530 - Pembroke)
240 IRVING STREET
$369,900 3 2 54 x 82 FT ; 0 Pembroke (530 - Pembroke) RE/MAX PEMBROKE REALTY LTD.
270 LAKE STREET Pembroke (530 - Pembroke)
270 LAKE STREET
$999,000 - - Unit=91.89 x 165.08 FT ; 1 Pembroke (530 - Pembroke) GENTRY REAL ESTATE SERVICES LIMITED
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LizWardhaugh

Sales Representative

Direct: 613.884.6652

lizwardhaugh@royallepage.ca

Anita deVries Bonneau

Sales Representative BA. LL.B.

Direct: 613-299-1547

anitadbonneau@royallepage.ca

Every client a V.I.P , every house a home.

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