Introducing a fantastic investment opportunity: a Multi Unit Fourplex zoned R3-4-S, nestled at the end of a quiet street. This property features three 3-bedroom units and one 2-bedroom unit, all boasting impressive financials. Annual gross income $73,680. Annual expenses $20,175. The size of the units range, with the smallest unit being 1300 sq/ft. Ideally located for easy access to both the West End and East End of Pembroke, its a great spot for tenants. Units 2 and 4 showcase updated flooring, while unit 4 also boasts a renovated bathroom. Two of the four units have a patio and garage! With a newer roof just 5-6 years old, maintenance is minimal. Enjoy ample parking for tenants, and benefit from reduced expenses as they cover gas and hydro in units 2 and 4 - all units have separate hydro and gas meters. Current rental income reflects full occupancy, making this a lucrative venture. 24 hours irrevocable on all offers., Flooring: Mixed. Tenants currently handle lawn maintenance in the summer. Landlord pay approx $250 Nov-April for snow removal.
EXTRAS: Ravine
Virtual Tour: https://youtu.be/VBKMm39962w
Last updated on : Wednesday 4th of December 2024 11:59:27 AM
Street : 475 DOMINION STREET
City : Pembroke
Province : Ontario
Country : Canada
Postal Code : K8A4W9
Property ID : X9523857
Building Type : Fourplex
Property Type : Single Family
Bedrooms : 9 + 2
Bathrooms : 4
Parking : 8