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 |
Price | $479,000 |
Taxes: | $3300.00 |
Address: | 350 ST PHILLIPE St , Alfred and Plantagenet, K0B 1A0, Ontario |
Lot Size: | 87.00 x 63.00 (Feet) |
Directions/Cross Streets: | 174 to St Phillipe Street |
Rooms: | 0 |
Rooms +: | 0 |
Kitchens: | 0 |
Kitchens +: | 0 |
Family Room: | N |
Basement: | Finished, Full |
Property Type: | Fourplex |
Exterior: | Brick, Other |
Garage Type: | Public |
Pool: | None |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Gas: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
POWER MARKETING REAL ESTATE INC. |
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Book Showing | Email a Friend |
Type: | Freehold - Fourplex |
Area: | Prescott and Russell |
Municipality: | Alfred and Plantagenet |
Neighbourhood: | 609 - Alfred |
Lot Size: | 87.00 x 63.00(Feet) |
Tax: | $3,300 |
Pool: | None |