229 Cecelia Street Pembroke, Ontario K8A 1R8

4 Bedroom 2 Bathroom 2,000 - 2,500 sqft
Fireplace None Radiant Heat

$429,900

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! (id:15069)

Property Details

MLS® Number X13680000
Property Type Multi-family
Community Name 530 - Pembroke
Features Irregular Lot Size, Carpet Free
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Amenities Fireplace(s)
Appliances Two Stoves, Two Refrigerators
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type None
Exterior Finish Stucco, Wood
Fireplace Present Yes
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 2,000 - 2,500 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 72 Ft ,9 In
Size Frontage 36 Ft
Size Irregular 36 X 72.8 Ft
Size Total Text 36 X 72.8 Ft
Zoning Description R2

https://www.realtor.ca/real-estate/30160941/229-cecelia-street-pembroke-530-pembroke

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