103 King Street

Welcome to the remarkable **Multi-Family Home for sale in Kincardine **, located at 103 King Street, Kincardine. This impressive property is an ideal investment opportunity or a spacious residence with the potential for generating income month after month. With its strategic location in the charming community of Kincardine, this multiplex is not to be missed.

This two-storey building boasts a generous total of nine bedrooms, making it perfect for accommodating multiple tenants or a large family. The property features four well-appointed kitchens and four bathrooms, ensuring ample facilities for all residents. The layout is thoughtfully designed, providing a comfortable living environment while maximising rental potential. Currently, the **Multi-Family Home for sale in Kincardine** is home to six reliable tenants, contributing to a robust capitalisation rate of 7.32%. This makes it a lucrative option for investors looking to expand their portfolio.

Situated on a sizeable lot measuring 87 by 198 feet, the property offers plenty of outdoor space, although it does not include a pool or garage. The exterior is clad in durable vinyl siding, ensuring low maintenance and longevity. The absence of a garage and central vacuum system is compensated by the generous parking space available for up to nine vehicles, making it convenient for both residents and guests.

Inside, the **Multi-Family Home for sale in Kincardine** is equipped with central air conditioning, ensuring a comfortable atmosphere throughout the year. The home features a full, unfinished basement, providing additional storage options or potential for future development. While the property is currently unfurnished, this allows new owners the freedom to personalise the space according to their preferences.

The heating system is powered by a heat pump, providing efficient temperature control. The home is connected to municipal water and sewer services, ensuring reliable utilities for all occupants. Additionally, high-speed internet access is available, catering to the needs of modern living and remote work.

As you explore the property, you will find a total of 20 rooms, including two additional rooms that can serve various purposes, such as storage or recreational areas. The family room offers a welcoming space for social gatherings, enhancing the communal living experience within this **Multi-Family Home for sale in Kincardine**.

For those interested in the financial aspects of this investment, detailed records of income and expenses are available upon inquiry. This transparency allows potential buyers to gain a comprehensive understanding of the property's performance and its potential for future growth.

Located at 103 King Street, Kincardine, this property benefits from its proximity to local amenities and the vibrant community atmosphere. Kincardine is known for its friendly residents and beautiful surroundings, making it an attractive place to live or invest. The combination of a desirable location and a solid investment opportunity makes this **Multi-Family Home for sale in Kincardine** an exceptional find.

In summary, if you are seeking a property that offers both a place to call home and a steady income stream, look no further than this **Multi-Family Home for sale in Kincardine**. With its nine bedrooms, four kitchens, and four bathrooms, this property is designed to accommodate a variety of living arrangements. The potential for continued cash flow, coupled with the appealing features of the home, makes it a prime candidate for both investors and families alike.

Do not hesitate to reach out for more information or to arrange a viewing of this outstanding property. The opportunity to own a **Multi-Family Home for sale in Kincardine** at 103 King Street, Kincardine is one that should not be overlooked. Your future investment awaits!

Kincardine, nestled along the picturesque shores of Lake Huron in Ontario, Canada, is a charming community that boasts a rich blend of natural beauty and small-town charm. With its stunning waterfront, sandy beaches, and vibrant parks, residents enjoy a plethora of outdoor activities, from boating and fishing to hiking along scenic trails. The town features a quaint downtown area filled with local shops, cafes, and restaurants, fostering a warm, welcoming atmosphere. Kincardine is also known for its lively cultural events, including the famous Kincardine Scottish Pipe Band and various festivals throughout the year, making it an inviting place for those seeking a close-knit yet vibrant environment. Whether you're drawn by the stunning landscapes or the friendly local spirit, Kincardine offers a delightful setting for a fulfilling lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Huron Heights Public School (2.4 km), which serves grades 3 to 6 and offers English language instruction. Just 2.5 km away is Elgin Market Public School, catering to junior kindergarten through grade 6, with a focus on French language studies. For older students, Ecole Kincardine District Senior School is located only 1.3 km from the property, providing French language education for grades 7 to 12. Additionally, St. Anthony's Catholic School, situated 2.1 km away, offers a Catholic education for students from junior kindergarten to grade 8, taught in English. All these schools are part of reputable school boards, including the Bluewater District School Board and the Bruce-Grey Catholic District School Board. While the school ratings are currently not available, the proximity to a variety of educational options ensures that families have access to quality schooling for their children. This diverse educational landscape enhances the appeal of the property for potential buyers seeking a family-friendly neighborhood.