229 CECELIA STREET
Pembroke, Ontario
MLS® X13680000
$429,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13680000
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- —
1 / 31Listing description
Investment opportunity in the heart of Pembroke's East End! This up-and-down duplex offers approximately ~2,387 sq. ft.
above grade, with an approximate ~1,200 sq. ft main-floor unit and an approximate ~1,187 sq. ft.
upper unit. Each spacious unit features two bedrooms, hardwood floors and its own fireplace. Both currently rent for $1,600 per month, generating $38,400 in gross annual rental income.
Tenants pay their own separately metered hydro. Updates completed in 2024 include a roof, vinyl windows on the lower half of the home, bedroom flooring. Set on a small, very low-maintenance lot with two rear parking spaces.
Basement storage provides potential space for future coin-operated laundry, offering an opportunity to generate additional income! A luxury six-unit residential building is being constructed next door, adding to the area's ongoing investment and development. Walk to Algonquin College, Metro, Circle K, restaurants and McDonald's, with schools, parks, Pembroke Regional Hospital and a police station nearby!
A solid addition to any investment portfolio!
Property summary
- MLS® number
- X13680000
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 36 x 72.8 FT
- Annual property taxes
- $4,042.00
- Parking
- 2 spaces · No Garage
- Days on market
- 33 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Unfinished, N/A
- Appliances
- Two stoves, Two Refrigerators
- Exterior features
- Wood, Stucco
- Lot features
- Irregular lot size, Carpet Free
What would this home cost you?
Based on the $429,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE TEAM REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.