394 Pembroke Street E, Pembroke, Ontario K8A 3K6

Listed for:
$499,900
9 beds
4 baths
Listed 8 days ago
Fourplex for rent: 394 Pembroke Street E, Pembroke, Ontario K8A 3K6

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Learn more about this property
Listing provided by:
ROYAL LEPAGE EDMONDS & ASSOCIATES
MLS® number:
X12541352
Agent:
Jason Turcotte
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About

Cross Streets: Pembroke St E & Catherine St. ** Directions: Take Pembroke St East heading East. Building is just before Service Canada. 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! (id:27476)

Property Highlights

MLS® Number
X12541352
Type
Multi-family
Community Name
530 - Pembroke
Land Size
66 x 132 FT
Parking Space Total
8

Building

Building Type
Fourplex
Storeys
2.50
Square Footage
3500 - 5000 sqft
Bathrooms Total
4
Bedrooms Above Ground
9
Bedrooms Total
9
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Radiant heat, Not known
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location