Attention investors! Don't miss out on the opportunity to own this high income generating multi-residential building in Kincardine, an area that has strong economic growth for years to come! Just a short drive to Bruce Power, currently at full capacity with a waiting list! The original structure was a large Queen Anne revival, free-standing house built of brick with sandstone detailing and wood embellishments including a porch and slate roof. Located right next to picturesque Victoria Park in Kincardine with views of Lake Huron's famous Sunsets! Originally built in 1895, this 3 story stately Victorian building has 27 self contained bachelor apartments with full bath and kitchenette (plus a 1bedroom unit). Interior also offers a cozy common room with fireplace, kitchen/dining room, fire alarm, 600 amp service, 5 year old natural gas boiler, 2 exercise rooms, staff laundry and coin operated laundry. Many use options are available eg; retirement home, short term rentals, Air B&B, etc. Perfectly located down town Kincardine! (id:4069)
Address |
731 PRINCES Street N |
List Price |
$2,000,000 |
Property Type |
Multi-family |
Area |
Ontario |
Sub-Area |
Kincardine |
Bedrooms |
27 |
Bathrooms |
27 |
Floor Area |
14,000 Sq. Ft. |
MLS® Number |
40570881 |
Listing Brokerage |
LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE)
|
Basement Area |
Full (Partially finished) |
Postal Code |
N2Z1Z5 |
Zoning |
R4-i |
Site Influences |
Park, Place of Worship, Playground, Shopping |
Features |
Laundry- Coin operated |