672-680 Mackay Street, Pembroke, ON, K8A 1G5 - investment for sale | Listing ID 1389137

672-680 MACKAY STREET, Pembroke, Ontario, K8A 1G5 Map Image

Investment For Sale In Pembroke, Ontario

$1,095,000

Property Information:

Calling all Investors! This well to do investment property is only footsteps from the Pembroke Regional Hospital and sought after East End Pembroke offering tenants a comfortable place to call home! 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 6.2 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 rental market and units are always in high demand. Call to book a private viewing today! (id:27)