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:47237)
MLS® Number | 40570881 |
Property Type | Multi-family |
AmenitiesNearBy | Park, Place Of Worship, Playground, Shopping |
CommunityFeatures | High Traffic Area, School Bus |
EquipmentType | Water Heater |
Features | Laundry- Coin Operated |
ParkingSpaceTotal | 10 |
RentalEquipmentType | Water Heater |
BathroomTotal | 27 |
BedroomsTotal | 27 |
BasementDevelopment | Partially Finished |
BasementType | Full (partially Finished) |
CoolingType | None |
ExteriorFinish | Brick |
FoundationType | Poured Concrete |
HeatingFuel | Electric, Natural Gas |
HeatingType | Baseboard Heaters |
StoriesTotal | 3 |
SizeInterior | 14000 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Park, Place Of Worship, Playground, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 184 Ft |
SizeFrontage | 66 Ft |
SizeTotalText | 1/2 - 1.99 Acres |
ZoningDescription | R4-i |
https://www.realtor.ca/real-estate/26918524/731-princes-street-n-kincardine
Nicole Grant
Salesperson