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:35492)
MLS® Number | 1402066 |
Property Type | Multi-family |
Neigbourhood | Hospital / East End |
Parking Space Total | 6 |
Exterior Finish | Brick, Siding |
Heating Fuel | Natural Gas |
Heating Type | Forced Air, Radiant Heat |
Stories Total | 2 |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 78 Ft |
Size Frontage | 152 Ft |
Size Irregular | 152 Ft X 78 Ft |
Size Total Text | 152 Ft X 78 Ft |
Zoning Description | Commercial Apartment |
https://www.realtor.ca/real-estate/27155375/672-680-mackay-street-pembroke-hospital-east-end
Contact us for more information
Evan A. Davies
Salesperson
(613) 735-1062
(613) 735-2664
Tony Davies
Salesperson
(613) 735-1062
(613) 735-2664
Taylor Souliere
Salesperson
(613) 735-1062
(613) 735-2664