Introducing a fantastic investment opportunity: a Multi Unit Fourplex zoned R3-4-S, nestled at the end of a quiet street. This property features three 3-bedroom units and one 2-bedroom unit, all boasting impressive financials. Annual gross income $74,400. Annual expenses $20,175. The size of the units range, with the smallest unit being 1300 sq/ft. Ideally located for easy access to both the West End and East End of Pembroke, its a great spot for tenants. Units 2 and 4 showcase updated flooring, while unit 4 also boasts a renovated bathroom. Two of the four units have a patio and garage! With a newer roof just 5-6 years old, maintenance is minimal. Enjoy ample parking for tenants, and benefit from reduced expenses as they cover gas and hydro in units 2 and 4 - all units have separate hydro and gas meters. Current rental income reflects full occupancy, making this a lucrative venture. 24 hours irrevocable on all offers., Flooring: Mixed. Tenants currently handle lawn maintenance in the summer. Landlord pay approx $250 Nov-April for snow removal. (id:47423)
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Detailed Information
Bedrooms
9+2
Bathrooms
4
Lot
113.25 x 125.92 ft
Amenities Nearby
Park
Features
Ravine
Listing Contract Date
2024-10-23
Location Description
Take McGee Street to Dominion Street. Fourplex is at the very end.
# of Parking Spaces
8
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R3-4-S
Building
Basement Development
Partially finished
Basement Type
Full (Partially finished)
Exterior Finish
Brick
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Type
Fourplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
Utilities
Type
Description
Cable
Available
Natural Gas Available
Available
Land
Total Size
113.32 x 125.98 FT ; 0
Amenities
Park
Sewer
Sanitary sewer
Size of Irregular Land
113.32 x 125.98 FT ; 0
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