Search Filters

$449,000 · 8 Unit Building - Investment Property for Sale - Pembroke, Ontario

Investment Property - Income Multi Family

Appraised at $450,000

—————————————————————————————

Located Downtown Pembroke - High Rental Desirability

5 Apartments & 3 Commercial Units

Apartments Gross 3,900$/monthly Commercial Units (Vacant, needs Some renos) - 4,500$/monthly

5.9% cap rate without commercial rent. As-is 16.8% cap rate if commercial is rented

Annual Expense Taxes 7,100 Insurance 2,200 Water & Sewer 2,500 Management & Repair 3,500

2 commercial units need new flooring

*** Zoning allows to convert 50% of the ground floor into additional 4 apartments. ***

———————————————————————————————

Located Downtown Pembroke, Ontario.- 110 Pembroke St W, Pembroke

With a population over 120,000 Pembroke is a huge military city, with major retailers in town (Canadian Tires, Home depot, Walmart)

————————————————————————————— Available Documents

Appraisal of 450,000 Environmental Report - CLEAN

—————————————————————————————

Asking Price:

449,000$ VTB Available

Elie Nassif C: 613.218.7734 E: info@wolfenburginc.com

Commercial Property for sale, multi family, multiplex, apartment building, ottawa, toronto, montreal, pembroke, investment property, triplex, fourplex,

View wolfenbruginc's Profile Email User Phone Seller 613-218-7734 Limit Reached Log In needed
Details Last hour: Last 24 hours: All:
Viewed:
Browsed:
Other Information
Ad Id30753772
CategoryComm. Property Sales
PostedOctober 12, 2017
Renewed January 10, 2018
Expiry February 09, 2018
Status NOT SOLD
Details New
Edit Ad Report Ad
Hide
Hide
Desktop Version