1228 Pembroke Street

$879,000 | Fernwood, Victoria

1228 Pembroke Street, Fernwood, Victoria

About this Duplex

Excellent long-term tenants w/strong revenue make this updated 1/2 duplex an exceptional investment opportunity in the heart of Fernwood. Ideally located across the street from a beautiful neighbourhood park & surrounded by the charm of this vibrant community, this property offers independent living with 2 self-contained suites—one upper/one lower. Thoughtfully maintained & extensively updated, improvements include heat pump, soundproofing, a Rheem Marathon HWT, a newer roof, & a well-designed common storage room featuring 2 private locking storage areas, one for each tenant. The generous indoor storage area is perfect for bikes, paddleboards & all your favourite sports/hobby equipment. Generating nearly $6,000 per month in revenue, this turnkey property offers reliable income w/excellent tenants already in place. Whether you're seeking a fully updated investment property or a flexible multigenerational living arrangement, this well-maintained Fernwood gem is a rare opportunity

Exterior Features Of 1228 Pembroke, Fernwood, Victoria

Balcony/Patio, Fencing: Full

Lot Features Of 1228 Pembroke, Fernwood, Victoria

Rectangular Lot

Listed by Pemberton Holmes Ltd..

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Features

  • MLS®: 1039448
  • Type: Duplex
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Feet: 1,715 sqft
  • Lot Size: 1,570 sqft
  • Frontage: 52.00 ft
  • Depth: 63.00 ft
  • Taxes: $4,443.91 (2025)
  • Parking: 1 On Street
  • Fireplaces: 1
  • Storeys: 3 storeys
  • Year Built: 1943
  • Style: Character