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!
350 ST PHILLIPE St
609 - Alfred, Alfred and Plantagenet, Prescott and Russell $449,000Make an offer
Studio
0 Baths
Parking for 6
N Facing
Zoning: Commercial
- MLS®#:
- X12014334
- Property Type:
- Fourplex
- Property Style:
- 2-Storey
- Area:
- Prescott and Russell
- Community:
- 609 - Alfred
- Taxes:
- $3,400 / 2024
- Added:
- March 12 2025
- Lot Frontage:
- 87.00
- Lot Depth:
- 63.00
- Status:
- Active
- Outside:
- Brick
- Year Built:
- Basement:
- Finished Full
- Brokerage:
- POWER MARKETING REAL ESTATE INC.
- Lot (Feet):
-
63
87
- Lot Irregularities:
- 0
- Intersection:
- 174 to St Phillipe Street
- Rooms:
- 0
- Bedrooms:
- Studio
- Bathrooms:
- 0
- Fireplace:
- N
- Utilities
- Water:
- Municipal
- Cooling:
- None
- Heating Type:
- Forced Air
- Heating Fuel:
- Gas
Sale/Lease History of 350 ST PHILLIPE St
View all past sales, leases, and listings of the property at 350 ST PHILLIPE St.Neighbourhood
Schools, amenities, travel times, and market trends near 350 ST PHILLIPE StSchools
6 public & 4 Catholic schools serve this home. Of these, 8 have catchments.
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Purchase Price
With
Down ($67,350)
Interest
Years
609 - Alfred home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 609 - Alfred
Insights for 350 ST PHILLIPE St
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