32
See all 32 photos
$479,900
Est. payment /mo
9 Beds
4 Baths
Price Dropped by $20K
394 Pembroke ST E Pembroke, ON K8A 3K6
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 530 - Pembroke
MLS Listing ID X12541352
Style 2 1/2 Storey
Bedrooms 9
Annual Tax Amount $4,378
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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!
Location
Province ON
County Renfrew
Community 530 - Pembroke
Area Renfrew
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features None
Cooling None
Exterior
Exterior Feature Awnings, Landscaped
Parking Features Private
Garage Spaces 2.0
Pool None
Roof Type Metal
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 8
Building
Foundation Stone
Others
Senior Community No
ParcelsYN No
Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES