FOR SALE : 110 Pembroke St – Multi Family 8 unit Mixed use – 5 Apartments/3 commercial units – Investment/income Property

Active

Investment Property – Flip Opportunity – Income Multi Family

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Current Property is 8 Unit Building with the Opportunity to build another 4 units within current available space.

Currently 5 Apartments on Second Floor & 3 Commercial Units on ground floor

Current Apartments Gross 3,900$/month
Commercial Units Vacant – 4,500$/month potential

Annual Expense
Taxes -7,100$
Insurance -2,200$
Water & Sewer -2,500$
Management & Repair – 3,500$

2 commercial units need new flooring, Common areas need work as well.

*** Zoning allows to convert 50% of the ground floor into additional 4 apartments. ***

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Full Time Property Manager Handles total Operation

Located Downtown Pembroke, Ontario. 1 Hour From Ottawa, 3 Hours From Toronto – 110 Pembroke St W, Pembroke

With a population over 74,000 Pembroke is a huge military city, with major retailers in town (Canadian Tires, Home depot, Walmart)

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DOCUMENTS AVAILABLE

Detailed Financial Repor
Blue Prints
Appraisal
Environmental Report – CLEAN

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Asking Price:

449,000$

Jamil Nassif
O: 613.800.9058 ext 1
C: 613.698.7107
E: jamil@wolfenburginc.com
W: wolfenburginc.com

Price:$449,000
Address:110 Pembroke West, Ontario
City:Pembroke
Square Feet:8000

Listing Inquiry

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