REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Eddy Pybus

edward.pybus@exprealty.com +1(289) 219-4111

Est. payment | -/mo

2 Beds

1 Bath

Save

Est. payment | -/mo

Save

2 Beds

1 Bath

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision 609 - Alfred

MLS Listing ID X14160442

Style 2-Storey

Bedrooms 2

Annual Tax Amount $3,560

Tax Year 2026

Property Sub-Type Fourplex

Property 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!

Location

Province ON

County Prescott And Russell

Area Prescott And Russell

Rooms

Family Room No

Basement Partial Basement

Kitchen 1

Interior

Interior Features Carpet Free, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter

Cooling None

Exterior

Exterior Feature Deck

Parking Features Unreserved

Pool None

Roof Type Asphalt Shingle

Lot Frontage 87.93

Lot Depth 62.55

Total Parking Spaces 1

Building

Foundation Concrete Block

Sewer Municipal Available

Others

Senior Community No

ParcelsYN No

Listed by EXP REALTY

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 219-4111

edward.pybus@exprealty.com

350 St Philippe ST Alfred And Plantagenet, ON K0B 1A0

Eddy Pybus

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

350 St Philippe ST

Free Account Required