Size
-
Lot size
509.2 sqm
Street frontage
N
Possession
TBA
Price per sqm
-
Taxes
$3,300 (2023)
Parking Type
-
Style
-
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Description
Flooring: Cushion, 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!, Flooring: Carpet W/W & Mixed, Flooring: Mixed
EXTRAS:
EXTRAS:
Broker: POWER MARKETING REAL ESTATE INC.
MLS®#: X9524142
Property details
Parking:
6
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
-
MLS Size:
-
Lot front:
26.52 M
Lot depth:
19.2 M
Listed on:
Oct 25, 2024
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Instant estimate:
orto view instant estimate
$22,144
lower than listed pricei
High
$486,207
Mid
$456,856
Low
$444,428
