Price reduced from 449,000 to 349,000 cause needs 40k of work.
Investment Property – Flip Opportunity – Income Multi Family
Current Property is 8 Unit Building with the Opportunity to build another 4 units within current available space.
Currently 5 Apartments on Second Floor & 3 Commercial Units on ground floor
Apartments Gross 3,900$/month
Commercial Units – 4,500$/month potential
There needs around 40k of renovations needed. The price has been reduced to reflect that.
Water & Sewer -2,500$
Management & Repair – 3,500$
2 commercial units need new flooring, Common areas need work as well.
*** Zoning allows to convert 50% of the ground floor into additional 4 apartments. ***
Full Time Property Manager Handles total Operation
Located Downtown Pembroke, Ontario. 1 Hour From Ottawa, 3 Hours From Toronto – 110 Pembroke St W, Pembroke
With a population over 74,000 Pembroke is a huge military city, with major retailers in town (Canadian Tires, Home depot, Walmart)
Detailed Financial Repor
Environmental Report – CLEAN
O: 613.800.9058 ext 1
Triplex, investment property , 4plex , multifamily , commercial property
|Address:||110 Pembroke West, Ontario|