Investment opportunity in the heart of Pembroke's East End! This up-and-down duplex offers approximately ~2,387 sq. ft. above grade, with an approximate ~1,200 sq. ft main-floor unit and an approximate ~1,187 sq. ft. upper unit. Each spacious unit features two bedrooms, hardwood floors and its own fireplace. Both currently rent for $1,600 per month, generating $38,400 in gross annual rental income. Tenants pay their own separately metered hydro. Updates completed in 2024 include a roof, vinyl windows on the lower half of the home, bedroom flooring. Set on a small, very low-maintenance lot with two rear parking spaces. Basement storage provides potential space for future coin-operated laundry, offering an opportunity to generate additional income! A luxury six-unit residential building is being constructed next door, adding to the area's ongoing investment and development. Walk to Algonquin College, Metro, Circle K, restaurants and McDonald's, with schools, parks, Pembroke Regional Hospital and a police station nearby! A solid addition to any investment portfolio! (id:13843)
| MLS # | X13680000 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 71 |
| Listing Provided By | ROYAL LEPAGE TEAM REALTY | Allie Neilson-Sewell |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R2 |
| Cooling | None |
|---|---|
| Heating | Radiant heat, Natural gas |
| Appliances | Two stoves, Two Refrigerators |
| Fireplace Yes / No | Yes |
| Lot Features | Irregular lot size, Carpet Free |
|---|---|
| Foundation Details | Poured Concrete |
| Parking Features | No Garage |
|---|---|
| Parking Total | 2 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4042 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Pembroke |
| Postal Code | K8A1R8 |
| Listing VS Median (in K8A1R8) | |
Price: $409,900 low | high Med: $409,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $205 low | high Med: $205 On site: 71 low | high Med: 71 | |
| Province | ON |
|---|---|
| City | Pembroke |
| Postal Code | K8A1R8 |
| Listing VS Median (in K8A1R8) | |
Price: $409,900 low | high Med: $409,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $205 low | high Med: $205 On site: 71 low | high Med: 71 | |