Quick Summary
Quick Summary
- Lucrative multi-unit fourplex with impressive financials
- Ideally located for easy access to West and East End
- Updated flooring and renovated bathroom in select units
- Patios and garages available in two of the four units
- Newer roof just 5-6 years old for minimal maintenance
- Ample parking for tenants with reduced expenses
- Fully occupied with current rental income
- Smallest unit size of 1300 square feet
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 $73,680. Annual expenses $20,175. The size of the units range, with the smallest unit being... Show More
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 $73,680. 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:54626)
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