672-680 MACKAY STREET
Pembroke, Ontario K8A1G5

$1,095,000

ID# 1389137

Forced air Radiant heat

Calling all Investors! This well to do investment property is only footsteps from the Pembroke Regional Hospital and sought after East End Pembroke offering tenants a comfortable place to call home! 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 6.2 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 rental market and units are always in high demand. Call to book a private viewing today! (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: April 29, 2024

On market: 185 days

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

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672-680 MACKAY STREET
Pembroke, Ontario K8A1G5

Forced air Radiant heat

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