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:57975)

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