255 DURHAM Street

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:27)

• Lot Frontage: 145 Feet
• Lot Depth: 194 Feet
• Lot Size: 0.65 Acres
• Floor Space (approx): 20200 Square Feet
• No. of Parking Spaces: 25
• Zoning: R3-C
• Amenities Nearby: Park
• Features: Skylight, Laundry- Coin operated
• OwnershipType: Freehold
• Parking Type: Open
• Property Type: Multi-family
• Sewer: Municipal sewage system
• Style: Multiplex
• Basement Development: Partially finished
• Basement Type: Partial
• Cooling Type: Wall unit
• Exterior Finish: Brick
• Foundation Type: Poured Concrete
• Heating Fuel: Propane
• Heating Type: Radiant heat
• No. of Parking Spaces 25
• Zoning Type R3-C
• Lot Size 0.65 ACRE
• Lot Frontage 145 FEET
• Lot Depth 194 FEET
• Floor Space 20200 FEETSQ
• Water Municipal water