350 ST PHILLIPE St

Alfred and Plantagenet, 609 - Alfred

Description

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

This fourplex home located at 350 ST PHILLIPE St, Alfred and Plantagenet, ON K0B 1A0 is currently for For Sale and has been available on Wedu.ca for 58 days. This property is listed at CA$479K. It has N/A beds, N/A bathrooms, and is N/A square feet. The property is N/A years old. 350 ST PHILLIPE St, Alfred and Plantagenet, ON K0B 1A0 is in Alfred and Plantagenet neighborhood 609 - Alfred.