For Sale Multi-Family

7 Isabella Street

$364,900 Est. $1,616/mo ↓

Pembroke, Ontario K8A 5S4

4 Bedrooms
3 Bathrooms
1,500 - 2,000 sqft Interior
4 Parking spaces
60 X 106 Ft Lot size
4 days ago Listed
Central Air Conditioning Forced Air Waterfront

About this home

A Must-See Investment Opportunity! Located in the heart of Pembroke, this well-maintained triplex offers an exceptional opportunity for both seasoned investors and first-time buyers looking to secure a property with solid rental income. With recent upgrades, including connecting to the municipal sewer system from septic, and fully rented with stable tenants, this property provides reliable cash flow in a centrally located area. The triplex is composed of one spacious 2-bedroom unit and two cozy 1-bedroom units. The property is fully rented, so start earning rental income from day one! Centrally located in Pembroke, the property is within walking distance of local shops, restaurants, schools, parks, and other amenities. Its ideal location provides easy access to everything the city has to offer and ensures ongoing demand as a rental property. The property is heated by two cost-effective forced air gas furnaces, and is equipped with central air conditioning to keep tenants comfortable year-round. Several upgrades have been completed, ensuring the property remains in excellent condition. With a strong history of consistent income, this triplex offers solid cash flow making it a reliable addition to any investor's portfolio. The units are well designed with spacious living areas and updated features. Ample parking for tenants, laundry facilities on-site, and separate hydro meters for each unit make this property a low-maintenance, cash flowing investment. The solid rental history ensures peace of mind for the new owner. Whether you're looking to expand your portfolio or to own a property with steady cash flow, this triplex is an investment gem and represents a fantastic opportunity. Don't miss out on this prime investment! Please allow 24 hours irrevocable on all offers. (id:28469)

Facts & features

Property

MLS® Number
X13879800
Property Type
Multi-family
Community Name
530 - Pembroke
Easement
Unknown
Features
Cul-de-sac
Parking Space Total
4
Structure
Porch
View Type
Direct Water View
Water Front Name
Muskrat River
Water Front Type
Waterfront

Building

Bathroom Total
3
Bedrooms Above Ground
4
Bedrooms Total
4
Age
100+ Years
Amenities
Separate Heating Controls, Separate Electricity Meters
Appliances
Dishwasher, Dryer, Water Heater, Stove, Washer, Refrigerator
Basement Development
Unfinished
Basement Type
Full (unfinished)
Cooling Type
Central Air Conditioning
Exterior Finish
Stucco
Foundation Type
Block
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
Triplex
Utility Water
Municipal Water

Parking

Attached Garage
—
Garage
—

Land

Access Type
Public Road
Acreage
No
Sewer
Sanitary Sewer
Size Depth
106 Ft
Size Frontage
60 Ft
Size Irregular
60 X 106 Ft
Size Total Text
60 X 106 Ft
Surface Water
River/stream
Zoning Description
Residential R-3

Monthly payment estimate

$
Estimated payment — per month
Mortgage amount
—
Total interest
—

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$1,616/mo
Ontario land transfer tax
$3,949 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $3,949 back on land transfer tax.

The Pembroke market

71 Active listings
$419,900 Median asking price
13% below median This home
41 days Avg. time on market
Browse all Pembroke listings →

Location

7 Isabella Street, Pembroke, Ontario K8A 5S4  ·  Get directions

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