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    For Sale - 350 St Philippe Street, Alfred and Plantagenet, Ontario

    Est payment $2,160/mo
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    Views   2
    Time on Jump  4 day

    AI Summary *

    • Four-unit mixed-use building includes three residential apartments and one commercial unit.
    • Two-bedroom apartments and a bachelor unit offer multiple residential income streams.
    • Renovated, vacant two-bedroom apartment offers flexibility to set the rental rate.
    • Commercial unit has a renewed four-year triple-net lease.
    • Highway 17 location offers local amenities and connections to Ottawa and Montreal.




    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!
    Listing IDX14160448
    Address350 St Philippe Street
    CityAlfred and Plantagenet, Ontario
    Price$449,900
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major HighwayBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Brokerage: EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    350 St Philippe Street
    Alfred and Plantagenet , Ontario
    $449,900
    Get more info