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.
| MLS # | 40866212 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 17 |
| Listing Provided By | Royal LePage Wolle Realty | Kyle Church |
| SQ Feet | 3,640 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Zoning | R3 |
| Acreage | 0.34 |
| Interior Features | Separate Hydro Meters |
|---|---|
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | Coin Operated |
| Lot Features | City Lot, Park |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Stone |
| Security Features | Carbon Monoxide Detector |
| Open Parking Yes / No | Yes |
|---|
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 5754.81 |
|---|
| Province | ON |
|---|---|
| County | Bruce |
| City | Kincardine |
| Postal Code | N2Z 2Y5 |
| Area | Kincardine |
| Subarea | Kincardine |
| Community Name | Kincardine |
| Listing VS Median (in Kincardine) | |
Price: $800,000 low | high Med: $800,000 sqft: 3,640 low | high Med: 3,640 $ / sqft: $220 low | high Med: $220 On site: 17 low | high Med: 17 | |
| Province | ON |
|---|---|
| County | Bruce |
| City | Kincardine |
| Postal Code | N2Z 2Y5 |
| Area | Kincardine |
| Subarea | Kincardine |
| Community Name | Kincardine |
| Listing VS Median (in Kincardine) | |
Price: $800,000 low | high Med: $800,000 sqft: 3,640 low | high Med: 3,640 $ / sqft: $220 low | high Med: $220 On site: 17 low | high Med: 17 | |