$449,900 Sale

Listed 2 hours ago

350 ST PHILIPPE STREET

MLS® x14160448 Retail

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Beds · 0

Baths · 0.0

Parking · 6

Sqft · 3477

Est. mortgage

$1,707/mo

Key Facts

Key facts for 350 ST PHILIPPE STREET

Property Type

Commercial

Parking

Garage: No, 6 parking

MLS #

X14160448

Size

3477 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

ATTENTION INVESTORS! An exceptional opportunity to own a versatile income-producing mixed-use property in the heart of Alfred! This impressive four-unit building features three residential apartments and one established commercial unit, offering multiple streams of rental income and excellent upside... potential. The residential portion consists of two spacious 2-bedroom apartments and one bachelor unit. Adding to its appeal, one of the 2-bedroom apartments has been completely renovated and is currently vacant, allowing the new owner to set their own rental rate, with an estimated rental potential of approximately $1,300/month plus heat and hydro. The commercial unit is currently occupied by the well-established Milano Pizza, providing an additional source of income and stability.Ideally situated along Highway 17, this property benefits from excellent exposure, convenient access to local amenities, schools, restaurants and everyday services, while offering easy connectivity to both Ottawa and Montreal. With an established commercial tenant secured under a renewed four-year triple-net lease, three residential units and the added opportunity to maximize rental income from the vacant renovated apartment, this property presents an outstanding investment opportunity. Boasting a true potential net capitalization rate of 10.28%, this is an attractive opportunity for investors seeking strong income potential, multiple revenue streams and long-term value in a desirable central location. Don't miss your chance to add this exceptional mixed-use investment property to your portfolio! (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

3477 sqft

Heating Source

Natural gas

Heating Type

Forced air, Baseboard heaters

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

3477 sqft

Heating Source

Natural gas

Heating Type

Forced air, Baseboard heaters

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

3477 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

Mixte

Land Amenities

Highway

Acreage

3477 ac

Parking Spaces

Garage Spaces Y/N

Zoning Description

Mixte

Land Amenities

Highway

Building Description

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Community

Alfred

Area Code

Alfred and Plantagenet

Community

Alfred

Area Code

Alfred and Plantagenet

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