Attention builders and investors! Prime Development Opportunity with existing Duplex + shovel ready 6-Unit Expansion. This rare offering in the heart of Pembroke features a renovated vacant duplex on a large, centrally located lot complete with development permits and plans for a 6-unit residential addition. The existing duplex could provide immediate rental income, while the real value lies in the future build; as-completed appraisal in-hand of $2,250,000! With detailed architectural plans, Phase 1 ESA, and zoning compatibility in place, this property is ideal for multi-residential expansion in a growing market. Steps from the hospital, schools, and amenities, this location supports strong rental demand and long-term growth. Seller is open to creative Joint Venture offer opportunities. (id:61594)
| MLS® Number | X12307137 |
| Property Type | Multi-family |
| Community Name | 530 - Pembroke |
| Heating Type | Baseboard Heaters |
| Size Interior | 1,500 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 131 Ft ,11 In |
| Size Frontage | 48 Ft ,4 In |
| Size Irregular | 48.35 X 131.98 Ft |
| Size Total Text | 48.35 X 131.98 Ft |
| Zoning Description | N/a |
https://www.realtor.ca/real-estate/28653087/659-mackay-street-pembroke-530-pembroke
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
