585 Perth Street, Pembroke | Image 1

585 Perth Street

Pembroke, 530 - Pembroke

  • Commercial

$1,119,000
For Sale

Added 6 days ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R-2

  • Age: No Data

  • Taxes: 4800

  • MLS®#: X11923887

  • Added: Jan 15, 2025 (6 days ago)

  • Updated:

  • Last Checked: 51 minutes ago

  • Listed By: EXP REALTY

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), and 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!

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 76320

  • Area: Pembroke

  • Community: 530 - Pembroke

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 7

Fees

  • Tax Year: 2024

  • Taxes: $4,800

  • Expenses: Est

  • Insurance Fee: 3600

  • Operating Fees: 600

  • Hydro Expense: 600

  • Taxes Type: Annual

  • Taxes: 4800

  • Water Fees: 4080

Land

  • Cross Street: Perth St. & New St.

  • Municipality District: Pembroke

  • Parcel Number: 571700067

  • Lot Depth: 113 Feet

  • Lot Frontage: 67 Feet

  • Zoning: R-2

Commercial Specific

  • Total Area: 7545

  • Total Area Metric: Sq Ft

  • Lot Code: Building

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Map of 585 Perth Street, Pembroke
7-8

École intermédiaire L'Équinoxe

Elementary: Public
0.84 km
7-8

École intermédiaire catholique Jeanne-Lajoie

Elementary: Catholic
2.23 km
JK-8

Holy Name Separate School

Elementary: Catholic
0.33 km
7-8

Bishop Smith Separate School

Elementary: Catholic
1.11 km
JK-8

Cathedral Catholic School

Elementary: Catholic
1.20 km
JK-6

École élémentaire publique L'Équinoxe

Elementary: Public
0.84 km
9-12

École secondaire publique L'Équinoxe

Secondary: Public
0.87 km
9-12

Renfrew County Adult Day School

Secondary: Public
0.47 km
9-12

École secondaire catholique Jeanne-Lajoie

Secondary: Catholic
2.24 km
9-12

Valour JK to 12 School - Secondary School

Secondary: Public
12.81 km
9-12

Bishop Smith Catholic High School

Secondary: Catholic
1.94 km
9-12

Fellowes High School

Secondary: Public
2.98 km
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