Mark Egan

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731 PRINCES Street N, Kincardine, Ontario

$2,000,000

27 Beds
27 Baths
14,000 Square Feet

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:56241)

Listing ID: 40570881
Property Type: Multi-family

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Details

Amenities Nearby: Park, Place of Worship, Playground, Shopping
Community Features: High Traffic Area, School Bus
Equipment: Water Heater
Features: Laundry- Coin operated
Ownership: Freehold
Parking Spaces: 10
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: R4-i

Building

BasementType: Full (Partially finished)
Basement Development: Partially finished
Cooling: None
Exterior Finish: Brick
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 27
Heating: Baseboard heaters
Heating Fuel: Electric, Natural gas
Size Interior: 14000 sqft
Stories Total: 3
Utility Water: Municipal water

Land

Amenities: Park, Place of Worship, Playground, Shopping
Sewer: Municipal sewage system
Size Frontage: 66 ft

Listing provided by LAKE RANGE REALTY LTD. BROKERAGE (KINCARDINE)
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 731 PRINCES Street N in Kincardine Ontario. It was last modified on May 21st, 2024. Contact Mark Egan to schedule a viewing or to discover other Kincardine real estate for sale.

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