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Renfrew,ON K8A 4W9
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9523857
Style Unknown
Bedrooms 11
Annual Tax Amount $6,836
Tax Year 2024
Property Description
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 $74,400. 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.
Location
Province ON
County Renfrew
Community 530 - Pembroke
Area Renfrew
Zoning R3-4-S
Region 530 - Pembroke
City Region 530 - Pembroke
Rooms
Family Room No
Basement Full,Partially Finished
Kitchen 0
Separate Den/Office 2
Interior
Interior Features Unknown
Cooling None
Exterior
Parking Features Unknown
Garage Spaces 8.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 113.32
Lot Depth 125.98
Total Parking Spaces 8
Building
Foundation Concrete
Others
Security Features Unknown