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731 Princes Street N Kincardine, Ontario N2Z 1Z5

27 Bedroom 27 Bathroom 14000 sqft
None Baseboard Heaters

$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:41952)

Property Details

MLS® Number 40570881
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Shopping
Community Features High Traffic Area, School Bus
Equipment Type Water Heater
Features Laundry- Coin Operated
Parking Space Total 10
Rental Equipment Type Water Heater

Building

Bathroom Total 27
Bedrooms Total 27
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 14000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Place Of Worship, Playground, Shopping
Sewer Municipal Sewage System
Size Depth 184 Ft
Size Frontage 66 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description R4-i

https://www.realtor.ca/real-estate/26918524/731-princes-street-n-kincardine

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