350 St Phillipe Street Alfred, Ontario K0B 1A0

None Forced Air

$479,000

Investors take note! Great 4plex commercial residential mixed use building in Alfred with net income of approx $38,000. 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. Call now! (id:37553)

Property Details

MLS® Number 1417952
Property Type Multi-family
Neigbourhood Alfred
Parking Space Total 6

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 1940
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Siding
Flooring Type Wall-to-wall Carpet, Mixed Flooring
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 63 Ft
Size Frontage 87 Ft
Size Irregular 87 Ft X 63 Ft
Size Total Text 87 Ft X 63 Ft
Zoning Description Commercial

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