394 Pembroke ST E new

Pembroke,ON K8A 3K6

$ 499900

9 Beds

4 Baths

- SqFt


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 10.18% 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

Kitchen 4

Interior

Cooling None

Exterior

Exterior Feature Awnings,Landscaped

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Metal

Building

Foundation Stone

View More
Favorite Go Tour