672-680 MACKAY STREET
Pembroke, Ontario K8A1G5

$995,000

ID# 1416987
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)

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Heating Type Forced air, Radiant heat
Heating Fuel Natural gas
Stories Total 2
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$995,000
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Address Price Bed Bath SqFt Area Sub Area Brokerage
468 MOFFAT STREET Pembroke
468 MOFFAT STREET
 $235,000 3 1 52.73 ft X 203.31 ft Pembroke Pembroke EXIT OTTAWA VALLEY REALTY
203 ISABELLA STREET Pembroke
203 ISABELLA STREET
 $1,275,000 - - 131.86 ft X 78.87 ft Pembroke Downtown ROYAL LEPAGE EDMONDS & ASSOCIATES
672-680 MACKAY STREET Pembroke
672-680 MACKAY STREET
 $995,000 - - 152 ft X 78 ft Pembroke Hospital / East End ROYAL LEPAGE EDMONDS & ASSOCIATES
580 ALFRED STREET E Pembroke
580 ALFRED STREET E
 $289,900 3 2 18 ft X 136 ft Pembroke Pembroke RE/MAX PEMBROKE REALTY LTD.
224 MOFFAT STREET Pembroke
224 MOFFAT STREET
 $279,900 - - 53.15 ft X 132.05 ft Pembroke Cathedral School ROYAL LEPAGE EDMONDS & ASSOCIATES
447 BOUNDARY ROAD Pembroke
447 BOUNDARY ROAD
 $459,900 4 2 99.02 ft X 132 ft Pembroke Boundary Road CENTURY 21 ASPIRE REALTY LTD.
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