20,200 sqft
Ductless, Wall Unit
Radiant Heat
$4,800,000
A unique investment opportunity in the heart of Kincardine! Known as Malcolm Place since 1929, this impressive Italianate mansion was built in 1875 (large addition built in 1988 as boarding house) and sits on over half an acre, just one block from downtown, steps to Lake Huron and a short drive from Bruce Power. The building offers 41 residential rooms, each with a private bathroom. Many units with ductless heating and air conditioning. Shared amenities include two kitchens, laundry facilities, comfortable common areas, a spacious lobby and public washrooms. Elevator access and keypad room access add convenience. Currently vacant space on the main floor and basement. Historic charm shines through the original woodwork, ornate plaster details and grand staircase. Additional features include a copper roof, upgraded insulation, fire alarm with sprinkler system and 1,200-amp electrical service. A distinctive property combining character, extensive amenities, multiple potential uses and great income in a convenient location! (id:49269)
Property Details
|
MLS® Number
|
40866099 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Park |
|
Features
|
Skylight, Laundry- Coin Operated |
|
Parking Space Total
|
25 |
Building
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Partial (partially Finished) |
|
Cooling Type
|
Ductless, Wall Unit |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Propane |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
3 |
|
Size Interior
|
20,200 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
194 Ft |
|
Size Frontage
|
145 Ft |
|
Size Irregular
|
0.651 |
|
Size Total
|
0.651 Ac|1/2 - 1.99 Acres |
|
Size Total Text
|
0.651 Ac|1/2 - 1.99 Acres |
|
Zoning Description
|
R3-c |
https://www.realtor.ca/real-estate/30324420/255-durham-street-kincardine