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350 St Phillipe Street Home For Sale Alfred And Plantagenet, Ontario K0B 1A0

X9524142

  • 350 St Phillipe StreetAlfred And Plantagenet, Ontario  K0B 1A0 - Photo 1 - X9524142
  • 350 St Phillipe StreetAlfred And Plantagenet, Ontario  K0B 1A0 - Photo 2 - X9524142
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Forced Air

$479,000

Flooring: Cushion, Investors take note! Great 4plex commercial residential mixed use building in Alfred with net income of approx $38,000, (8% cap rate). All 4 units are currently rented. Main floor has a com. unit rented to a pizzeria at $1,715 before hst + hydro, natural gas and propane for restaurant (base rent increase $80 on January first). Main floor also futures a 2bedr. apart. ($945 plus heat and hydro) and 1 bachelor unit ($478 Hydro included). The 2nd level has 1 large 2 bedroom unit (rented $815+ heat & Hydro) and a large unfinished space that could possibly be added to the pizzeria or for other uses (buyer to verify with local authorities for requirements). 5 hydro meters and 3 gas meters on site. Seller pays hydro for bachelor only. All other tenants pay their own heat and hydro. Property needs some TLC. Call now!, Flooring: Carpet W/W & Mixed, Flooring: Mixed (id:34792)

Property Details

MLS® Number X9524142
Property Type Single Family
Neigbourhood Alfred
Community Name 609 - Alfred
Parking Space Total 6

Building

Basement Development Finished
Basement Type Full (finished)
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 63 Ft
Size Frontage 87 Ft
Size Irregular 87 X 63 Ft ; 0
Size Total Text 87 X 63 Ft ; 0
Zoning Description Commercial

https://www.realtor.ca/real-estate/27579052/350-st-phillipe-street-alfred-and-plantagenet-609-alfred

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