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Home ON Greater Pembroke Renfrew County Pembroke
394 PEMBROKE STREET E
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394 PEMBROKE STREET E $479,900
$479,900
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394 PEMBROKE STREET E
Pembroke, Ontario K8A3K6

MLS® Number: X12541352
9
Bedrooms
4
Bathrooms
3500 - 5000
Square Feet

Listing Description

Excellent investment opportunity in the heart of Pembroke! This solid 2.5-storey 4-plex offers an impressive 10.6% 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! (41640824)

Location Description

Cross Streets: Pembroke St E & Catherine St. ** Directions: Take Pembroke St East heading East. Building is just before Service Canada.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2.5
Square Footage
3500 - 5000 sqft
Community Name
530 - Pembroke
Land Size
66 x 132 FT
Annual Property Taxes
$4,378.65
Parking Type
Detached Garage, No Garage
Time on REALTOR.ca
32 days

Building

Bedrooms
Above Grade
9
Bathrooms
Total
4
Interior Features
Basement Type
Unfinished
Building Features
Foundation Type
Stone
Rental Equipment
Furnace
Heating & Cooling
Cooling
None
Heating Type
Radiant heat, Not known (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Stucco
Parking
Parking Type
Detached Garage, No Garage
Total Parking Spaces
8

Measurements

Square Footage
3500 - 5000 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
132 ft
Landscape Features
Landscaped
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