672-680 MACKAY STREET
Pembroke, Ontario K8A1G5

$1,075,000

ID# 1402066
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)
Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: July 10, 2024

On market: 71 days
Heating Type Forced air, Radiant heat
Heating Fuel Natural gas
Stories Total 2
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159 PLEASANT VIEW DRIVE Pembroke

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159 PLEASANT VIEW DRIVE
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564 MELTON STREET Pembroke

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564 MELTON STREET
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470 HENAN ROAD Pembroke

$384,900
2 Bedrooms |1 Bathrooms
470 HENAN ROAD
PEMBROKE
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40 TAYLOR HEIGHTS DRIVE
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601 GLENWOOD DRIVE Pembroke

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601 GLENWOOD DRIVE
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$339,900
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365 CHRISTIE STREET
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Address Price Bed Bath SqFt Area Sub Area Brokerage
159 PLEASANT VIEW DRIVE Pembroke
159 PLEASANT VIEW DRIVE
 $579,900 4 3 98.16 ft X 221.84 ft Pembroke Taylor Heights Dr ROYAL LEPAGE EDMONDS & ASSOCIATES
564 MELTON STREET Pembroke
564 MELTON STREET
 $635,000 8 4 99.73 ft X 120 ft Pembroke East-End Pembroke ROYAL LEPAGE EDMONDS & ASSOCIATES
470 HENAN ROAD Pembroke
470 HENAN ROAD
 $384,900 2 1 0.5 ac Pembroke ROUND LAKE RD ROYAL LEPAGE EDMONDS & ASSOCIATES
40 TAYLOR HEIGHTS DRIVE Pembroke
40 TAYLOR HEIGHTS DRIVE
 $699,900 5 4 109.09 ft X 371.93 ft (Irregular Lot) Pembroke Taylor Heights ROYAL LEPAGE EDMONDS & ASSOCIATES
601 GLENWOOD DRIVE Pembroke
601 GLENWOOD DRIVE
 $619,900 7 2 78.85 ft X 138.32 ft Pembroke East End Pembroke ROYAL LEPAGE EDMONDS & ASSOCIATES
365 CHRISTIE STREET Pembroke
365 CHRISTIE STREET
 $339,900 2 1 72.39 ft X 120.12 ft (Irregular Lot) Pembroke Miller Street ROYAL LEPAGE EDMONDS & ASSOCIATES
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Jennifer Ritskes

SALES REPRESENTATIVE

Direct: 613.851.0788

Jennifer@JenniferRitskes.com

Innovation Realty Ltd.

8221-B Campeau Drive

Kanata, ON K2T 0A2

Phone (613) 755-2278

Fax   (613) 755-2279


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