Royal LePage Team Realty Logo
RLP Team Logo Black & Red ()

672-680 MACKAY STREET
Pembroke, Ontario K8A1G5

$1,075,000

ID# 1402066

ABOUT THIS PROPERTY


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)

PROPERTY DETAILS


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

Property Type


Multi-family
Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: July 10, 2024

On market: 5 days

MORTGAGE CALCULATOR


Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate

SIMILAR PROPERTIES


Address Price Bed Bath SqFt Area Sub Area Brokerage
140 CECELIA STREET Pembroke
140 CECELIA STREET
$419,900 5 2 66 ft X 66 ft Pembroke Pembroke JAMES J. HICKEY REALTY LTD.
39592 HWY 41 HIGHWAY Pembroke
39592 HWY 41 HIGHWAY
$484,900 2 2 299.54 ft X 147.39 ft Pembroke HWY 41 CENTURY 21 ASPIRE REALTY LTD.
464 PEMBROKE STREET W Pembroke
464 PEMBROKE STREET W
$1,175,000 - - 131.79 ft X 157.85 ft Pembroke West End RE/MAX PEMBROKE REALTY LTD.
921 CEDAR LANE Pembroke
921 CEDAR LANE
$689,900 3 3 49.88 ft X 336.35 ft Pembroke Algonquin Trail ROYAL LEPAGE EDMONDS & ASSOCIATES
267 CECELIA STREET Pembroke
267 CECELIA STREET
$280,000 3 1 59.4 ft X 132 ft Pembroke Cecelia Street RE/MAX PEMBROKE REALTY LTD.
400 CHAMBERLAIN STREET Pembroke
400 CHAMBERLAIN STREET
$674,900 5 4 60 ft X 120 ft Pembroke East End CENTURY 21 ASPIRE REALTY LTD.
Search