731 Princes Street N Kincardine, Ontario N2Z 1Z5
$2,000,000
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:47351)
Property Details
| 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 |
Building
| 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 |
Land
| 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
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August 12 2024 12:00:35
REALTORS® Association of Grey Bruce Owen Sound
Lake Range Realty Ltd. Brokerage (Kincardine)