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116 Pembroke Street W Pembroke, Ontario K8A 5M8

$549,000

Fantastic investment opportunity! 3 large lower commercial spaces with 5 residential units on the second level. The upper units include three 1 bedroom units, one 3 bedroom unit, and one 2 bedroom unit. All units with separate hydro and electric heat for convenience. Some upgrades include: approx. $80,000 in electrical updates, approx. $24,000 in plumbing updates, all kitchens and bathrooms updated, new flooring throughout 4 apartments, and so much more. In the excellent location of downtown Pembroke, close to local shops, Algonquin College Pembroke Campus, and more creates exceptionally low vacancy rates in the downtown core. Walking distance from all your tenants' needs w/ great income potential for businesses. Rezoning approved 4 more residential units, for your consideration. High traffic area is great for spacious commercial units. Pembroke downtown core is thriving and supports local businesses / new businesses downtown. The opportunity with this expanding city is endless! (id:38689)

Property Details

MLS® Number 1191460
Property Type Multi-family
Neigbourhood Downtown Pembroke

Building

Constructed Date 1986
Fireplace Present No
Stories Total 2

Land

Acreage No
Size Depth 91 Ft ,4 In
Size Frontage 66 Ft ,1 In
Size Irregular 66.08 Ft X 91.33 Ft
Size Total Text 66.08 Ft X 91.33 Ft
Zoning Description C-3 Comm / Res

https://www.realtor.ca/real-estate/21821949/116-pembroke-street-w-pembroke-downtown-pembroke

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Steve Alexopoulos
Salesperson

(613) 457-5000
https://www.facebook.com/MetroCityPropertyGroup/

RE/MAX Affiliates Realty Ltd.
5517 Hazeldean Road, Suite 1
Ottawa, Ontario K2S 0P5

(613) 457-5000
(613) 482-9111
www.remaxaffiliates.ca

Tarek El Attar
Salesperson

(613) 733-9494

RE/MAX Affiliates Realty Ltd.
5517 Hazeldean Road, Suite 1
Ottawa, Ontario K2S 0P5

(613) 457-5000
(613) 482-9111
www.remaxaffiliates.ca

Chris Marcotte-Karson
Salesperson

(613) 229-8571
www.criskarson.com

RE/MAX Affiliates Realty Ltd.
5517 Hazeldean Road, Suite 1
Ottawa, Ontario K2S 0P5

(613) 457-5000
(613) 482-9111
www.remaxaffiliates.ca

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