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!
Property Type:
Residential Income
Property SubType:
Rooming House
Listing General Location:
Kincardine, Kincardine
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Size:
0.65 acre(s)0.26 hectare(s)
Lot Details:
145 x 194
Lot Depth:
194'59.1 m
Lot Frontage:
145'44.2 m
Kitchens:
0
County Or Parish:
Bruce
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Partial, Partially Finished
Foundation:
Poured Concrete, Stone
Roof:
Membrane, Slate
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
20,200 sq. ft.1,877 m2
Finished Area Above Grade:
20,200 sq. ft.1,877 m2
Fireplace:
false
Laundry Features:
Coin Operated
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Ductless, Wall Unit(s)
Heating:
Propane, Radiant
Carbon Monoxide Detector
Skylight(s)
false
No
CORNER OF DURHAM ST AND HURON TERRACE.
No
Carbon Monoxide Detector
HST Applicable To Sale Price:
Call LBO
Features:
Crops Included: No, Garage: No, New Construction: No
Zoning:
R3-C
Total Acres:
0.651
Lot Site Features:
City Lot, Park
Features:
Crops Included: No, Garage: No, New Construction: No