350 ST PHILLIPE St

Alfred and Plantagenet | 609 - Alfred | K0B 1A0
  • 2100.0 sqft
  • 0 gar

$449,000

Est. Mtg $1,522 /mo
  • Days on market

    23

  • Status

    A

Listing Broker POWER MARKETING REAL ESTATE INC.
Since listed: 0 views

Home details

MLS #:

X12014357

Property type:
Commercial/Retail
Style:
Taxes:
$3,400
Possession:
TBA
Condo Fee:
Lot Size:
87.0 X 63.0
Zoning:
Commercial
Use:
Heat:
Gas Forced Air Closd

Description


350 ST PHILLIPE St, , Alfred and Plantagenet, Ontario is a Commercial/Retail property in Alfred and Plantagenet and in the 609 - Alfred community in the K0B 1A0 postal code


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!.

Extras

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Payment calculator

$1805 monthly. In association with: TD Bank
%
  • Principal and Interest
    1522 /mo
  • Property Taxes
    $283 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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