mixed blessing

noun
something that, although generally favorable or advantageous, has one or more unfavorable or disadvantageous features.

Origin:
1930–35

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
mixed blessing
 
n
an event, situation, etc, having both advantages and disadvantages

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Mixed blessing is always a great word to know.
So is interrobang. Does it mean:
a gadget; dingus; thingumbob.
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
Dictionary.com's 21st Century Lexicon
Main Entry:  mixed blessing
Part of Speech:  n
Definition:  a circumstance or thing that has both advantages and disadvantages
Dictionary.com's 21st Century Lexicon
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American Heritage
Idioms & Phrases

mixed blessing

Something that has both good and bad features, as in Being accepted by the college was a mixed blessing, since she couldn't afford the tuition. [First half of 1900s]

The American Heritage® Dictionary of Idioms by Christine Ammer.
Copyright © 1997. Published by Houghton Mifflin.
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Example sentences
For global warming, though, gas is a mixed blessing.
But it's been a mixed blessing, with destructive floods in the southern part of
  the state and flash floods almost everywhere.
Issuing the world's reserve currency, while a mixed blessing, matters.
Viewed politically, in fact, the recovery in profits that has given
  encouragement to the bulls has been a mixed blessing.
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