About this home

Excellent opportunity to own a mixed-use income property featuring the well-established Milano Pizza restaurant including a big storage room along with three residential units consisting of one bachelor apartment and two two-bedroom apartments. The commercial space and 2 residential units is occupied by a long-term tenants, providing stable income. One residential unit is currently vacant, giving the new owner the flexibility to set the rental rate at today's market value and increase the property's income potential. The building is heated with natural gas forced-air heating, electric and propane. It offers an attractive opportunity for investors looking to expand their portfolio with a property that combines steady commercial income and residential rental revenue. (id:28469)

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Facts & features

Property

MLS® Number: X13557420
Property Type: Retail
Community Name: 609 - Alfred
Amenities Near By: Highway
Equipment Type: Water Heater
Parking Space Total: 6
Rental Equipment Type: Water Heater

Building

Age: 51 To 99 Years
Appliances: Hood Fan, Washer
Cooling Type: Fully Air Conditioned
Heating Fuel: Natural Gas
Heating Type: Forced Air, Baseboard Heaters
Size Exterior: 3477 Sqft
Size Interior: 3,477 Sqft
Utility Water: Municipal Water

Land

Acreage: Yes
Land Amenities: Highway
Size Depth: 62 Ft ,6 In
Size Frontage: 87 Ft ,11 In
Size Irregular: 3477
Size Total: 3477 Ac
Size Total Text: 3477 Ac
Zoning Description: Mixte

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

350 St Philippe Street, Alfred And Plantagenet, Ontario K0B 1A0 · Get directions