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365 St Philippe Street

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  • 5 Bedroom
  • 4 Bathroom
  • 1,500 - 2,000 ft2
  • None
  • Baseboard Heaters

$424,900

Fantastic investment opportunity or house-hacking gem in the expanding suburb of Alfred! This triplex generates a powerful $55,116 in annual gross rent ($4,593/month) with a Net Operating Income (NOI) of $40,394, delivering an exceptional cap rate. The property features 5 total bedrooms across three distinct levels, All units have separate heating controls: Upper Unit: Bright living space with its own private outdoor patio. Main Unit: Highly unique split-layout featuring an independent, sublet-ready suite with its own private entrance, kitchen, and bathroom. Shares a common laundry area. Basement Unit: Separate lower-level apartment boasting a private walk-out patio. The massive backyard easily accommodates parking for 4 vehicles. Perfectly situated approximately one hour from both Ottawa and Montreal, this versatile property is ideal for savvy investors or buyers looking to live in one unit while offsetting their mortgage. Schedule your viewing today! Updates: All 4 bathrooms have been updated in last 3 years, Shingles 2 years, Boiler Combi 3 Years. All units rented to adults only no children. 24hrs irrevocable on all offers. (id:50982)

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Details

Property Details
MLS® Number X13472820
Property Type Single Family
Community Name 609 - Alfred
Parking Space Total 4
Building
Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Amenities Separate Heating Controls
Appliances Dryer, Microwave, Stove, Washer, Refrigerator
Basement Features Apartment In Basement
Basement Type N/a
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Hardboard
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type House
Utility Water Municipal Water
Parking
No Garage
Land
Acreage No
Sewer Sanitary Sewer
Size Depth 115 Ft ,6 In
Size Frontage 45 Ft ,9 In
Size Irregular 45.8 X 115.5 Ft
Size Total Text 45.8 X 115.5 Ft
Utilities
Sewer Installed

Map

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