672-680 MACKAY STREET
Pembroke, Ontario K8A1G5

$995,000

ID# 1416987

Forced air Radiant heat

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)

LEARN MORE ABOUT THIS PROPERTY

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

On market: 35 days

Heating Type	Forced air, Radiant heat
Heating Fuel	Natural gas
Stories Total	2

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Cheryl Jones, Sales Representative - Direct: 613.265.7566 – Office: 613.692.2555 – cheryljones@royallepage.ca

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672-680 MACKAY STREET Pembroke, Ontario K8A1G5

Forced air Radiant heat

YOU MIGHT ALSO LIKE THESE LISTINGS

320 MIWATE PRIVATE UNIT506 Ottawa $1,995 Beds: 1 Baths:1 Sq Ft:ArrayThomas Desjardins | Sales Representative

20 DALY AVENUE UNIT1710 Ottawa $649,900 Beds: 2 Baths:2 Sq Ft:ArrayKevin Lai

20 CLAY STREET Almonte $1,025,000 Beds: 4 Baths:4 Sq Ft:ArrayMichale Fyke

310 CENTRAL PARK DRIVE UNIT9D Ottawa $319,999 Beds: 1 Baths:1 Sq Ft:ArrayMike Scerbo

310 CENTRAL PARK DRIVE UNIT3A Ottawa $294,999 Beds: 1 Baths:1 Sq Ft:ArrayMike Scerbo

310 CENTRAL PARK DRIVE UNIT9J Ottawa $274,999 Beds: 1 Baths:1 Sq Ft:ArrayMike Scerbo

348 PRINCETON AVENUE Ottawa $3,325,000 Beds: 5 Baths:6 Sq Ft:ArrayDario Wharton

429 AURORA STREET Russell $729,900 Beds: 3 Baths:3 Sq Ft:ArrayEric Fournier

528 COLE AVENUE Ottawa $2,299,000 Beds: 4 Baths:4 Sq Ft:ArrayAlexandra York

345 BRONSON AVENUE UNITM3 Ottawa $415,000 Beds: 2 Baths:2 Sq Ft:ArrayMaha Shahbazian

207 FROST STREET Smiths Falls $549,900 Beds: 3 Baths:2 Sq Ft:ArrayRob Garvin

5527 CEDAR DRIVE Manotick $1,325,000 Beds: 4 Baths:3 Sq Ft:ArrayJames Wright | Sales Representative

40 SPYGLASS RIDGE Stittsville $779,900 Beds: 4 Baths:2 Sq Ft:ArrayNancy Wright

10984 COUNTY ROAD 2 ROAD Iroquois $699,000 Beds: 3 Baths:3 Sq Ft:ArrayJennifer Hindorff | Sales Representative

81 DUNLOP ROAD Carleton Place $3,000 Beds: 4 Baths:3 Sq Ft:ArrayMarina Karshuli

1039 HYDRANGEA AVENUE Ottawa $3,300 Beds: 4 Baths:3 Sq Ft:ArrayWei McCallum

311 LECANTO TERRACE Ottawa $1,154,990 Beds: 7 Baths:4 Sq Ft:ArrayMathew Duchesne

13 BAYVIEW CRESCENT Smiths Falls $549,000 Beds: Baths: Sq Ft:ArrayThomas Uhryniw

258 FIR LANE Kemptville $329,900 Beds: 2 Baths:2 Sq Ft:ArraySonat Try

$2,910 Beds: 2 Baths:2 Sq Ft:ArrayMarnie Bennett

1757 BENNETT LAKE ROAD Balderson $930,000 Beds: 3 Baths:3 Sq Ft:ArrayCATHY HAY

7 MAPLE AVENUE UNIT306 Smiths Falls $2,000 Beds: 2 Baths:1 Sq Ft:ArrayKevin Lennie

196 POWELL AVENUE Ottawa $2,500,000 Beds: Baths: Sq Ft:ArrayMarc Papineau

73-75 LOWER CHARLOTTE STREET Ottawa $1,099,000 Beds: Baths: Sq Ft:ArrayChristal Cameron

189 PRESTON STREET Ottawa $849,900 Beds: 4 Baths:2 Sq Ft:ArrayGrant Holbrook