7545 sqft
Fully Air Conditioned
Other
$1,119,000
Welcome to 585 Perth Street, an exceptional opportunity for savvy investors or homebuyers seeking additional income. This fourplex consists of 2 brand-new units (2024 addition, rent increases not be bound by LTB rules!) and 2 renovated units (2019), is rented all at market value. Featuring 4 spacious 2-bedroom units, modern finishes, and abundant natural light, this property promises a steady income with an incredible 7% CAP rate! Conveniently located near Algonquin College and other amenities, it's an ideal addition to any investment portfolio. Don't miss out on this excellent turn-key investment opportunity! (id:39551)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X11925788 |
Property Type
|
Multi-family |
Community Name
|
530 - Pembroke |
Parking Space Total
|
7 |
Building
Cooling Type
|
Fully Air Conditioned |
Fireplace Present
|
No |
Heating Type
|
Other |
Size Exterior
|
7545 Sqft |
Size Interior
|
7545 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
113 Ft |
Size Frontage
|
67 Ft |
Size Irregular
|
Bldg=67 X 113 Ft |
Size Total Text
|
Bldg=67 X 113 Ft |
Zoning Description
|
R-2 |
https://www.realtor.ca/real-estate/27807599/585-perth-street-pembroke-530-pembroke