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: 37 days

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

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LOOKING FOR SOMETHING SPECIFIC? LET ME KNOW AND I'LL FIND IT FOR YOU

Chris Drozda

Broker

Phone: 613-223-6625

chrisdrozda@royallepage.ca

John Carkner, Realtor®

johncarkner@royallepage.ca

Sue Barnes, Broker

suebarnes@royallepage.ca

(613) 292-5889

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672-680 MACKAY STREET Pembroke, Ontario K8A1G5

Forced air Radiant heat

YOU MIGHT ALSO LIKE THESE LISTINGS

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900 DYNES ROAD UNIT507 Ottawa $299,000 Beds: 2 Baths:1 Sq Ft:ArrayChris Drozda | Broker

294 DUMBRILLE STREET Kemptville $949,900 Beds: 4 Baths:2 Sq Ft:ArrayChris Drozda | Broker

223 MAIN STREET W Merrickville $1,299,000 Beds: 7 Baths:10 Sq Ft:ArrayAnita deVries Bonneau | Sales Representative

32 ROUNDHAY DRIVE UNITB Ottawa $1,800 Beds: 2 Baths:1 Sq Ft:ArrayLeon (Itai) Olej

1285 CAHILL DRIVE UNIT1604 Ottawa $349,900 Beds: 2 Baths:1 Sq Ft:ArraySteve Peippo

739 PRINCIPALE STREET UNIT3 Casselman $1,695 Beds: 2 Baths:1 Sq Ft:ArrayAnthony Donnelly

1352 RAVEN AVENUE Ottawa $2,000 Beds: 2 Baths:1 Sq Ft:ArrayKevin Feely

383 CUMBERLAND STREET UNIT411 Ottawa $1,999 Beds: 1 Baths:1 Sq Ft:ArrayEda Rasooli

618 LATIMER ROAD South Mountain $559,000 Beds: 4 Baths:2 Sq Ft:ArrayMark Payment

55 LAKE AVENUE E Carleton Place $699,900 Beds: Baths: Sq Ft:ArrayRamsay Ferguson

2786 HIGHWAY 34 HIGHWAY Hawkesbury $1,250,000 Beds: 5 Baths:5 Sq Ft:ArrayCedrick Gauthier

626 DUNDONALD DRIVE Ottawa $699,900 Beds: 3 Baths:3 Sq Ft:ArrayGeoff Walker

1304 AVENUE P AVENUE Ottawa $814,900 Beds: 3 Baths:3 Sq Ft:ArrayJ.F. Perras

2418 CARLSEN AVENUE Ottawa $825,000 Beds: Baths: Sq Ft:ArrayLanna McGlade

870 RIDDELL AVENUE N Ottawa $739,900 Beds: 2 Baths:2 Sq Ft:ArrayRyan Rogers

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814 MOCHI CIRCLE Ottawa $699,000 Beds: 3 Baths:4 Sq Ft:ArrayHeidi Mohtat

1303 HILLY LANE Kemptville $757,000 Beds: 3 Baths:1 Sq Ft:ArrayLinda Williams | Broker

191 BEATRICE DRIVE Ottawa $529,900 Beds: 3 Baths:2 Sq Ft:ArrayJulie Patterson

1564 SCOTTANNE STREET Ottawa $1,099,000 Beds: 5 Baths:3 Sq Ft:ArrayChantal Maher

100 TAY STREET Ottawa $1,099,000 Beds: 3 Baths:3 Sq Ft:ArrayDebra Cherry

1352 RAVEN AVENUE Ottawa $458,888 Beds: 2 Baths:1 Sq Ft:ArrayKevin Feely

38 STONEBRIAR DRIVE Ottawa $575,000 Beds: 3 Baths:3 Sq Ft:ArrayJen Donnelly

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