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Key Details
Sold Price $740,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,487 sqft
Price per Sqft $497
MLS Listing ID 40566937
Style Bungalow Raised
Bedrooms 6
Full Baths 3
Year Built 2006
Annual Tax Amount $3,654
Property Description
Currently rented at $5,600 per month, generating over $2,000 cashflow positive, with an impressive 8.41% cap rate and 20% ROI. If you are looking for an investment property, this is it! Welcome to 14 Church St, Kincardine. This raised bungalow features a double car garage, on a specious 63' by 294' lot, over 3,000 sqf of living space. boasts an excellent layout with a large living room, formal dining room, expansive kitchen, and well laid out 3 bedrooms and 2 bathrooms including a master bedroom with its ensuite 5-piece bathroom. Ideal for end users and investors. The lower level features a separate entrance, 3 bedrooms, 1 bathroom, and a brand new kitchen.
10 mins to Bruce Power plant. 5 Mins to the Beach. 15 mins to Port Elgin and Walmart, shops, restaurants.
Recent upgrades enhance the property's value, including a new kitchen in the basement, a new bedroom, a Natural Gas Forced Air Furnace, Central Air, Gas Water Heater, Sump Pump, shingles, and a new cedar deck.
Location
Province ON
County Bruce
Area Kincardine
Zoning R1
Rooms
Other Rooms Shed(s)
Kitchen 2
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Laundry Laundry Room, Lower Level
Exterior
Exterior Feature Landscaped, Private Entrance
Garage Attached Garage, Garage Door Opener, Asphalt
Garage Spaces 2.0
Utilities Available Cable Connected, Cell Service, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Phone Connected
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Urban, Rectangular, Ample Parking, Cul-De-Sac, Dog Park, Landscaped, Library, Place of Worship, Playground Nearby, Quiet Area, Rec./Community Centre, School Bus Route
Foundation Concrete Perimeter
Sewer Sewer (Municipal)
Water Municipal
Structure Type Vinyl Siding
New Construction No
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