487 EGANVILLE Rd
530 - Pembroke, Pembroke, K8A 4E6
FOR SALE
$379,000
Sold
$368,000
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-14 | 2024-03-08 | 23 | $379,000 | $368,000 | Sold |
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Property Description
Fantastic Investment Opportunity In This Fully Rented Tri-Plex In Central Pembroke; Walking Distance To Shops, Schools And More. Keep All Three Units Tenanted, Or Occupy One And Rent Two To Help With The Mortgage. Main Floor Unit Has Been Recently Recently Renovated And This Two Bedroom Apartment Has Its Own Laundry Room And Cheater Door From Bathroom To The Primary Bedroom, And Ample Natural Light With Large Windows. Two Additional Two Bedroom Units Are On The Second Floor, Each With Separate Entrances Outside. These Units Have Spacious Dining/Kitchen Areas And Full Bathrooms. Current Total Rents Are $3,500/Month For Annual Income $42,000. Updates To The Property Include Flat Roof Approx 2015, Efficient Gas Furnace 2020 And Central Air Conditioner In 2021, Electrical Breakers 2020. 24 Hour Irrevocable Required On Any Written Offer From Buyer., Flooring: Mixed
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Flooring: Vinyl, Solid Triplex with potential to add office or laundry room. 3 x 1 bedroom units. Current rents $700, $783 and $1250. Possible VTB (upto 75% at 5% for 1 year or 6% for 2 years), Flooring: Laminate, Flooring: Other (See Remarks)
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This property is an outstanding investment opportunity, perfect for expanding your portfolio with its three separate units! Unit A was tastefully renovated in 2022, featuring luxury vinyl flooring and fresh Chantilly Lace paint throughout the entire main floor, along with a stylish bathroom upgrade that includes a new vanity and tub surround. The main floor boasts two 1-bedroom apartment units and each unit has one bathroom. The back unit included a cozy covered porch. The 2nd-floor unit is a spacious 2-bedroom, 1-bathroom unit. Equipped with two gas furnaces installed in 2010, central air conditioning, and an on-site washer and dryer for added convenience. Plus, there's parking for three vehicles! Centrally located in Pembroke, tenants will love the easy access to restaurants, shops, and other amenities, all within walking distance. All rents are monthly, making this a hassle-free, income-generating gem!, Flooring: Mixed
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