Here is the investment opportunity you have been waiting for! The Old Rowan Stone House is for sale. It is now an apartment building in the heart of Pembroke, sitting conveniently on the edge of downtown, and close to Pembroke's waterfront. This six unit building offers, 4 - two bedroom apartments, one bachelor apartment, and 1 - four bedroom apartment on the lower level. All of the units are unique and some offer 9 foot ceilings, original woodwork, or a scenic view of the Ottawa River from their private deck. This unique investment property has only had a few owners during its time, showing investment stability, and pride of ownership. The building is currently being taken care of by a superintendent who would be happy to stay on the job, if wanted! |
Price | $999,900 |
Taxes: | $5649.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 156 Mackay St , Pembroke, K8A 1B9, Ontario |
Postal Code: | K8A 1B9 |
Province/State: | Ontario |
Legal Description: | PT LT 4, BLK F, PL 10 AS IN R325266 ; CI |
Lot Size: | 66.00 x 120.00 (Feet) |
Directions/Cross Streets: | Mackay St & Sussex St |
Category: | Apartment |
Use: | Apts-6 To 12 Units |
Building Percentage: | Y |
Total Area: | 6672.00 |
Total Area Code: | Sq Ft |
Approximatly Age: | 100+ |
Taxes Expense: | $5649 |
Insurance Expense: | $8506 |
Hydro Expense: | $9044 |
Water Expense: | $5117 |
Gross Income/Sales: | $108252 |
Operating Expenses: | $39142 |
Vacancy Allowance: | 5413 |
Net Income Before Debt: | $69110 |
Year Expenses: | 2024 |
Expenses Actual/Estimated: | $Act |
Heat Type: | Baseboard |
Central Air Conditioning: | N |
Elevator Lift: | None |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 ASPIRE REALTY LTD. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Renfrew |
Municipality: | Pembroke |
Neighbourhood: | 530 - Pembroke |
Lot Size: | 66.00 x 120.00(Feet) |
Approximate Age: | 100+ |
Tax: | $5,649 |
Maintenance Fee: | $5,413 |