
Fourplex For Sale
$469,900
MLS® Number: X12980998
Bedrooms
9
Bathrooms
4
Fourplex For Sale
$469,900
Bedrooms
9
Bathrooms
4
394 PEMBROKE STREET E, Pembroke, Ontario
About This Property
Excellent investment opportunity in the heart of Pembroke! This solid 2.5-storey 4-plex offers an impressive 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!
Property Details
Interior Details
Basement
Unfinished, N/A
Bathrooms Total
4
Bedrooms Total
9
Cooling
None
Heating
Radiant heat, Not known, Natural gas
Building & Exterior
Exterior Features
Stucco
Foundation Details
Stone
Parking Features
Detached Garage, No Garage
Stories
2.5
Land & Location
City Region
530 - Pembroke
Frontage Length
66.0 feet
Lot Size Dimensions
66 x 132 FT
Postal Code
K8A3K6
Listing & Financials
Listing Office
ROYAL LEPAGE EDMONDS & ASSOCIATES
Originating System Name
Renfrew County Real Estate Board
Other Specifications
Country
Canada
Parking Total
8
Listed By
ROYAL LEPAGE EDMONDS & ASSOCIATES
Mortgage Calculator
Estimated Monthly Payment
$2,308
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$2,308
Principal and interest only. Actual rates may vary.