659 Mackay Street, Pembroke, Ontario K8A 1G5

Listed for:
$499,000
0 beds
0 baths
Listed 118 days ago
Multi-Family for rent: 659 Mackay Street, Pembroke, Ontario K8A 1G5

View all 7 photos

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X12307137
Agent:
Russel Hunt
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

About

Cross Streets: Mackay St / Bell St. ** Directions: East on Bell, turn left on Mackay. Attention builders and investors! Prime Development Opportunity with existing Duplex + shovel ready 6-Unit Expansion. This rare offering in the heart of Pembroke features a renovated vacant duplex on a large, centrally located lot complete with development permits and plans for a 6-unit residential addition. The existing duplex could provide immediate rental income, while the real value lies in the future build; as-completed appraisal in-hand of $2,250,000! With detailed architectural plans, Phase 1 ESA, and zoning compatibility in place, this property is ideal for multi-residential expansion in a growing market. Steps from the hospital, schools, and amenities, this location supports strong rental demand and long-term growth. Seller is open to creative Joint Venture offer opportunities. (id:27476)

Property Highlights

MLS® Number
X12307137
Type
Multi-family
Community Name
530 - Pembroke
Land Size
48.35 x 131.98 FT

Building

Building Type
Multi-Family
Square Footage
1500 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location