$479,000
Available - For Sale
Listing ID: X9524145
350 ST PHILLIPE St , Alfred and Plantagenet, K0B 1A0, Ontario
| 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! |
| Price | $479,000 |
| Taxes: | $3300.00 |
| Occupancy by: | Tenant |
| Address: | 350 ST PHILLIPE St , Alfred and Plantagenet, K0B 1A0, Ontario |
| Postal Code: | K0B 1A0 |
| Province/State: | Ontario |
| Legal Description: | PCL 64 SEC M1; LT 64 PL M1; ALFRED/PLANT |
| Lot Size: | 87.00 x 63.00 (Feet) |
| Directions/Cross Streets: | 174 to St Phillipe Street |
| Category: | Retail |
| Total Area: | 2100.00 |
| Retail Area: | 2100 |
| Gross Income/Sales: | $47172 |
| Net Income Before Debt: | $37932 |
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| POWER MARKETING REAL ESTATE INC. |
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Zannatal Ferdoush
Sales Representative
Dir:
647-528-1201
Bus:
647-528-1201
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Prescott and Russell |
| Municipality: | Alfred and Plantagenet |
| Neighbourhood: | 609 - Alfred |
| Lot Size: | 87.00 x 63.00(Feet) |
| Tax: | $3,300 |
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