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! |
Price | $1,119,000 |
Taxes: | $4800.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 585 Perth St , Pembroke, K8A 6B9, Ontario |
Postal Code: | K8A 6B9 |
Province/State: | Ontario |
Lot Size: | 67.00 x 113.00 (Feet) |
Directions/Cross Streets: | Perth St. & New St. |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 7545.00 |
Total Area Code: | Sq Ft |
Taxes Expense: | $4800 |
Insurance Expense: | $3600 |
Hydro Expense: | $600 |
Water Expense: | $4080 |
Operating Expenses: | $600 |
Net Income Before Debt: | $76320 |
Expenses Actual/Estimated: | $Est |
Heat Type: | Other |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Renfrew |
Municipality: | Pembroke |
Neighbourhood: | 530 - Pembroke |
Lot Size: | 67.00 x 113.00(Feet) |
Tax: | $4,800 |