412 Murray Street, Pembroke, Ontario K8A 4P6

Listed for:
$429,900
6 beds
3 baths
Listed 2 days ago
Triplex for rent: 412 Murray Street, Pembroke, Ontario K8A 4P6

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About

Cross Streets: Murray St / D'Arcy St. ** Directions: From Pembroke St W turn onto Christie St. From Christie St take a left onto D'Arcy St, then right onto Murray St. Property will be on the right. Great investment opportunity or live in one unit and have tenants pay your mortgage! This large, solid brick 2.5-storey triplex is centrally located and offers a great investment opportunity with tenants paying their own heat and hydro. This property offers exceptional curb appeal and timeless century charm. Rich in character, the home features a relaxing front porch, soaring high ceilings, beautiful details and generously sized windows that flood the spaces with natural light throughout the day. The property itself features three well-laid-out units consisting of one 1-bedroom, one 2-bedroom, and one 3-bedroom apartment, appealing to a wide range of renters. Major updates include a new metal roof in 2021, updated front windows, and a new bathroom in Apartment 2 (2024). Custom new cupboards have been installed in Apartments 1 and 2, and hardwood flooring in Apartment 2's living room was added in 2023. The building has seen ongoing maintenance and fresh paint throughout, and has been well maintained and cared for over the years. Pride of ownership landlord just looking to retire. Currently occupied by good tenants, the rental income is as follows: Apartment 1 (3 BED) - $1,480/month. Apartment 2 (1 BED)- $800/month. Apartment 3 (2 BED) - $1,225/month. Gross annual income $42,060. Annual expenses $11,708. Net Income $30,351. Entire building baseboard electric heating on 3 separate hydro meters. Three electric hot water tanks. Big lot - ample parking available! A solid investment with updates already completed and reliable rental income in place. 24 hours irrevocable on all offers. 24 hours notice required for all showings. (id:27476)

Property Highlights

MLS® Number
X12788464
Type
Multi-family
Community Name
530 - Pembroke
Land Size
55 x 180.2 FT
Parking Space Total
8

Building

Building Type
Triplex
Storeys
2.50
Square Footage
2500 - 3000 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE EDMONDS & ASSOCIATES
MLS® number:
X12788464
Agent:
Ryan Pattinson
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