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Est. payment | /mo
4 Beds
2 Baths
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Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 530 - Pembroke
MLS Listing ID X13680000
Style 2-Storey
Bedrooms 4
Annual Tax Amount $4,042
Tax Year 2025
Property Sub-Type Duplex
Property Description
Investment opportunity in the heart of Pembroke's East End! This up-and-down duplex offers approximately ~2,387 sq. ft. above grade, with an approximate ~1,200 sq. ft main-floor unit and an approximate ~1,187 sq. ft. upper unit. Each spacious unit features two bedrooms, hardwood floors and its own fireplace. Both currently rent for $1,600 per month, generating $38,400 in gross annual rental income. Tenants pay their own separately metered hydro. Updates completed in 2024 include a roof, vinyl windows on the lower half of the home, bedroom flooring. Set on a small, very low-maintenance lot with two rear parking spaces. Basement storage provides potential space for future coin-operated laundry, offering an opportunity to generate additional income! A luxury six-unit residential building is being constructed next door, adding to the area's ongoing investment and development. Walk to Algonquin College, Metro, Circle K, restaurants and McDonald's, with schools, parks, Pembroke Regional Hospital and a police station nearby! A solid addition to any investment portfolio!
Location
State ON
County Renfrew
Area Renfrew
Zoning R2
Rooms
Family Room Yes
Basement Unfinished
Kitchen 4
Interior
Interior Features Carpet Free
Cooling None
Fireplaces Type Family Room
Inclusions two fridges and two stoves
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Lot Frontage 35.96
Lot Depth 72.84
Total Parking Spaces 2
Building
Foundation Poured Concrete
Others
Senior Community No
ParcelsYN No
Listed by ROYAL LEPAGE TEAM REALTY