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:48755)
MLS® Number | 1417952 |
Property Type | Multi-family |
Neigbourhood | Alfred |
Parking Space Total | 6 |
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 | Triplex |
Utility Water | Municipal Water |
Open |
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
Contact us for more information
Hamid Riahi
Broker
(613) 860-7355
(613) 745-7976