394 Pembroke Street E Pembroke, Ontario K8A 3K6
$499,900
Excellent investment opportunity in the heart of Pembroke! This solid 2.5-storey 4-plex offers an impressive 10.26% 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! (id:50886)
Property Details
| MLS® Number | X12541352 |
| Property Type | Multi-family |
| Community Name | 530 - Pembroke |
| Equipment Type | Furnace |
| Parking Space Total | 8 |
| Rental Equipment Type | Furnace |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat, Not Known |
| Stories Total | 3 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| No Garage |
Land
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 66 Ft |
| Size Irregular | 66 X 132 Ft |
| Size Total Text | 66 X 132 Ft |
https://www.realtor.ca/real-estate/29099472/394-pembroke-street-e-pembroke-530-pembroke
Contact Us
Contact us for more information
Jason Turcotte
Salesperson
www.jasonturcotte.ca/
141 Lake Street, Suite 104
Pembroke, Ontario K8A 5L8
(613) 735-1062
(613) 735-2664
Erica Turcotte
Salesperson
jasonturcotte.ca/
141 Lake Street, Suite 104
Pembroke, Ontario K8A 5L8
(613) 735-1062
(613) 735-2664
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November 13 2025 05:25:10
Renfrew County Real Estate Board
Royal LePage Edmonds & Associates