Property Information:
A truly rare investment opportunity in the heart of Laurentian Valley! Originally Forest Lea Public School, this iconic landmark has been expertly transformed into six stunning, bright, and exceptionally spacious residential apartments, blending historic character with modern living. Perfectly positioned on just over an acre between Pembroke and Petawawa, this rock-solid building offers a prime location with strong, consistent rental demand. This is the kind of investment that rarely comes available. The property is fully occupied by six outstanding long-term tenants with an excellent payment history, providing dependable, hassle-free cash flow from day one. Currently generating over $100,000 in annual rental income, this is a proven, high-performing asset with stability, strong financials, and long-term upside. Whether you're looking to expand your portfolio or secure a standout income-producing property, this is an exceptional opportunity you won't want to miss. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Other
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Basement Development:
Finished
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Basement Type:
Full
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Exterior Finish:
Brick
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Fire Protection:
Smoke Detectors
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Floor Space:
5000 - 100000 sqft
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Foundation Type:
Block, Concrete
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Heating Type:
Baseboard heaters
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Heating Fuel:
Electric
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Cooling Type:
None
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Appliances:
Dryer
