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$589,900

6 Beds

3 Baths

2500 - 3000 FEETSQ

QuickQuoteTM: Not Available

Pembroke ON, K8A 4P4

MLS® # X12460356

Property Information:

ATTENTION INVESTORS & CONTRACTORS: The income-producing opportunity you've been waiting for is here! Priced to fit perfectly into an investor's portfolio at under $600,000, this fully-occupied, three self-contained row-house unit property is set up for low-overhead operation. The building is in good working order with a new roof installed two years ago, and two of the three units are already fully renovated. Each unit is separately metered for gas and hydro, and the property features three separate gas furnaces. Conveniently located just a short distance from downtown Pembroke, Algonquin College, high school, restaurants, and shopping. The third unit may offer a below-market rent but could provide an opportunity for future adjustment by the investor/contractor. The property also features dedicated parking at the rear and good tenants currently in place, making this an ideal, turnkey investment ready for its next owner. 24 Hour irrevocable on all written offers. (id:27)

Building Features:

  • Style: Townhouse
  • Building Type: Row / Townhouse
  • Basement Type: Full
  • Construction Style - Attachment: Attached
  • Exterior Finish: Vinyl siding
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 6
  • Bathrooms: 3
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Size: 84 x 60.1 Acre
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

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Location of 388 MURRAY STREET, Pembroke, Ontario, K8A 4P4

Demographic Information of 388 MURRAY STREET, Pembroke, Ontario, K8A 4P4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$79,867.86

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.36 %

High school certificate or equivalent

44.53 %

Apprenticeship trade certificate/diploma

2.21 %

College/non-university certificate

23.61 %

University certificate (below bachelor)

0.02 %

University Degree

8.28 %

Commuter

Travel To Work

By Car

78.66 %

By Public Transit

0.0 %

By Walking

17.67 %

By Bicycle

2.68 %

By Other Methods

0.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.0 %

Houses

62.0 %

Own Vs. Rent