769 Princes Street N Kincardine, Ontario N2Z 2Y5

$800,000

Expand your investment portfolio with this well-maintained brick multi-plex in central Kincardine. Featuring five (+1) fully rented one-bedroom units, the property offers an established rental income stream in a convenient, downtown location. Just steps from Victoria Park, tenants can enjoy everything Kincardine has to offer. Updates over the years include; a Natural Gas Boiler (2015), roof shingles (2012), water heater (2019), exterior paint (2018), several kitchen renovations, paint and flooring improvements. Separate hydro meters for five units. With its central location and proximity to Bruce Power, this property presents an appealing opportunity for investors seeking long or short-term rental income. Showings require a minimum of 24 hours' notice. (id:61576)

Property Details

MLS® Number	40866212
Property Type	Multi-family
Amenities Near By	Park
Features	Laundry- Coin Operated
Parking Space Total	8

Building

Basement Development	Unfinished
Basement Type	Partial (unfinished)
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Stone
Heating Fuel	Natural Gas
Stories Total	2
Size Interior	3,640 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Park
Sewer	Municipal Sewage System
Size Depth	221 Ft
Size Frontage	68 Ft
Size Irregular	0.34
Size Total	0.34 Ac|under 1/2 Acre
Size Total Text	0.34 Ac|under 1/2 Acre
Zoning Description	R3

https://www.realtor.ca/real-estate/30324417/769-princes-street-n-kincardine