Property Description for 350 ST PHILLIPE STREET
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:38686)
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Property Details
Property Tax
: $3,300 (2023)MLS® #
: 1417952
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: ["Forced air", "Natural gas"]Basement
: ["Finished", "Full"]Flooring
: ["Wall-to-wall carpet", "Mixed Flooring"]
Exterior Features
Roof
: []
Utilities
Sewer
: ["Municipal sewage system"]
Other
Parking Features
: ["Open"]Fireplace Features
: []Exterior Features
: Brick, Siding
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