583 River Road Pembroke, Ontario K8A 1A3

$1,049,000

Introducing 583 River Road, a rare and exceptional opportunity for savvy investors or homebuyers looking to generate additional income. Completed in 2024 with high-end workmanship, this brand new triplex is fully leased at excellent rents, making it a truly turn-key investment. Each of the three spacious 2-bedroom units boasts over 1,000 sq ft of living space, with modern finishes, thoughtful layouts, and abundant natural light throughout. With a remarkable 7% CAP rate, this property offers reliable, long-term income potential right from day one. Perfectly situated near a full range of amenities, this property is ideal for professionals, students, or families ensuring strong tenant demand year-round. Whether you're house hacking or expanding your rental portfolio, 583 River Road is a smart move in todays market. Don't miss out on this outstanding investment opportunity. (id:49712)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12083306
Property Type	Multi-family
Community Name	530 - Pembroke

Building

Age	New Building
Cooling Type	Fully Air Conditioned
Heating Type	Other
Size Interior	3,200 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	66 Ft ,4 In
Size Frontage	69 Ft
Size Irregular	69 X 66.4 Ft
Size Total Text	69 X 66.4 Ft
Zoning Description	R-2

https://www.realtor.ca/real-estate/28168730/583-river-road-pembroke-530-pembroke