Property Details
394 PEMBROKE STREET E, Pembroke, Ontario, K8A3K6
Broker
RE/MAX Pembroke Realty Ltd., Brokerage - Petawawa
Cell: 613-633-1948
Tel: 613-687-2020
$479,900 - For sale
Excellent investment opportunity in the heart of Pembroke! This solid 2.5-storey 4-plex offers an impressive 10.6% CAP rate, making it a fantastic addition to any investor's portfolio. The property features four well-sized units - two 2-bedroom units, one spacious 4-bedroom unit, and one 1-bedroom unit - providing strong rental potential and solid monthly income. A detached double car garage offers additional earning potential if rented separately for storage or parking. Major updates have already been taken care of for peace of mind - electrical upgrades, fire retrofitting, and exterior landscaping were completed between 2024-2025, bringing the building up to modern standards and reducing future maintenance costs. Located within the City of Pembroke, tenants will appreciate easy access to shopping, restaurants, and employment opportunities. Whether you're a seasoned investor looking to expand your portfolio or just starting out, this property offers steady cash flow and great future appreciation potential. Don't miss your chance to secure an income-generating multi-unit property in one of the Ottawa Valley's most stable rental markets! (id:2471)
Location DescriptionCross Streets: Pembroke St E & Catherine St. ** Directions: Take Pembroke St East heading East. Building is just before Service Canada.
- Property Address:394 PEMBROKE STREET E, Pembroke, Ontario, K8A3K6
- Property Type:Multi-family
- Community Name:530 - Pembroke
- Lot Size:66 x 132 FT
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Driveway:Detached Garage, No Garage
- Parking Space Total:8
- Structure Style:Fourplex
- Bedrooms:9
- Bathrooms:4
- Floor Space:3500 - 5000 sqft
- Heating Type:Natural gas, Radiant heat, Not known
- Storeys:2.5
- Basement Type:N/A (Unfinished)
- Foundation Type:Stone
- Cooling Type:None
- Rental Equipment:Furnace
- Exterior Type:Stucco
Broker
RE/MAX Pembroke Realty Ltd., Brokerage - Petawawa
Cell: 613-633-1948
Tel: 613-687-2020
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- Map 394 PEMBROKE STREET E, Pembroke, Ontario, K8A3K6
- Neighbourhood Information
394 PEMBROKE STREET E, Pembroke, Ontario, K8A3K6
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