For Sale

672-680 MACKAY Street Unit# 672, Pembroke, Ontario K8A1G5

$1,075,000

672-680 MACKAY Street Unit# 672, Pembroke, Ontario K8A1G5 is For Sale and has a listing price of 1,075,000. The property is located in the Pembroke neighbourhood. It's been on the website for 74 Days.

  • Multi-family
    Property Type
  • 6
    Parking Spaces
  • MLS ID: 1402066
  • Office Name ROYAL LEPAGE EDMONDS & ASSOCIATES,ROYAL LEPAGE
Property Description

Calling all Investors! Well kept investment property across the road from the Pembroke General Hospital, in the sought after east end Pembroke. Fully occupied and generating great income. These well maintained buildings, both have had substantial upgrades and improvements including new roofs, new furnaces, new coin operated laundry machines, and all apartments have had major renovations in the past several years including new flooring, new kitchens, new bathrooms, new plumbing and more. The property has an impressive 6.3 percent cap rate in an already competitive market with additional room to grow upon tenant turnover and improved rental income. The unit mix includes (1 x 3 Bed Apartment, 3 x 1 Bed Apartments and 2 x 2 Bed Apartments) giving landlords an opportunity to serve the needs of several different tenant profiles including those that need accessibility. Vacancies are a rarity in this market and units are in high demand. In depth investment analysis available upon request. (id:43137)

Property Details
  • MLS ID: 1402066
  • Price: $1,075,000
  • Transaction Types: For Sale
  • Ref ID: 27155375
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
07/10/2024 1402066 $1,075,000 For Sale - -
11/13/2023 1368789 $995,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Pembroke
  • $460,299 Average List Price
    based on 1 year
  • 25 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 117.58 % Up
  • Sold (12mo) 3
  • Rented (12mo) 0

  • 1 Month Change +10.4%
  • 3 Month Change -0.1%
  • 6 Month Change -36.9%
Walkscore
  • 41 Walk Score
    Car-Dependent
  • 40 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    72.96%
  • Commercial
    22.18%
  • Condo
    0.69%
  • Land for Sale
    4.16%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Heating System Forced Air, Radiant Heat
  • Water Municipal Water
  • Exterior Brick, Siding
  • Total Parking Spaces: 6
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 10/07/2024 00:00:00
  • Zoning R2-32
  • Agent Name: Evan A. Davies,Tony Davies,Taylor Souliere
  • Last Updated: 11/07/2024 03:08:57
Open House Dates
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