67 King Street, Kincardine ON

About 67 King Street

INVESTORS, THIS IS THE ONE YOU VE BEEN WAITING FOR. Everyone talks about investing where people want to live. We prefer investing where people need to live. A rare opportunity to acquire a purpose-built six plex in one of Bruce County s strongest rental markets. Located just minutes from Bruce Power, one of Ontario s largest employers and a major economic driver for the region, this income-producing property is positioned to benefit from continued demand for quality rental housing. With thousands of employees, contractors, and support industries working throughout the area, the need for rental accommodation remains strong and consistent. This solid brick multi-residential building features six residential units, stable tenancy, municipal services, ample on-site parking, and numerous updates completed over the years. Improvements include flooring, bathroom renovations, stairwell upgrades, and ongoing capital maintenance, providing investors with a well-maintained asset and future upside potential.Situated on a mature lot, tenants enjoy conveniences walking distance away. Plus the beautiful Lake Huron shoreline, while remaining close to one of the region s largest employment hubs. Whether you re looking to expand an existing portfolio or secure your first multi-family investment, this property offers the fundamentals investors seek: strong rental demand, solid construction, reliable income, and long-term growth potential. The real magic is in the numbers. With an attractive cap rate and strong income performance, this is the type of opportunity serious investors are always searching for. Opportunities like this are becoming increasingly rare in the Bruce Power corridor. Financial information is available to qualified buyers. Reach out to your Realtor today to review the numbers and discover why 67 King Street may be the next smart addition to your investment portfolio. (id:56071). Get more information on 67 King Street

Property Features

Appliances:  Water Heater, Water meter, Microwave, Stove, Refrigerator
Features:  Wooded area, Flat site, Guest Suite
Rental Equipment:  None
Directions:  Cross Streets: Church St. ** Directions: From Hwy 21 Tiverton turn north on King St and proceed to the sign at 67 King St.
Zoning Description:  R7
Interior Size:  3000 - 3500 sqft
Amenities:  Separate Electricity Meters
Lot:  120.3 x 148.5 FT|under 1/2 acre 120.3 x 148.5 FT
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Electric / Wall unit, Window air conditioner
Age: 51 to 99 years
Foundation: Block
Basement:  Full

Rooms & Sizes