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Royal LePage
Royal LePage
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$479,900

Pembroke ON, K8A 3K6

MLS® # X12541352

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Stucco
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat, Not known
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 9
  • Bathrooms: 4
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 132 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, No Garage
  • No. of Parking Spaces: 8

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 394 PEMBROKE STREET E, Pembroke, Ontario, K8A 3K6

Demographic Information of 394 PEMBROKE STREET E, Pembroke, Ontario, K8A 3K6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$93,969.84

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.86 %

High school certificate or equivalent

36.15 %

Apprenticeship trade certificate/diploma

6.39 %

College/non-university certificate

21.51 %

University certificate (below bachelor)

1.12 %

University Degree

14.98 %

Commuter

Travel To Work

By Car

83.29 %

By Public Transit

0.0 %

By Walking

14.64 %

By Bicycle

0.0 %

By Other Methods

2.07 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

53.24 %

Houses

46.76 %

Own Vs. Rent

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