Cross Streets: Hwy. 62 to St. Lawrence St. E. ** Directions: Highway 62 in Madoc, turn right onto St Lawrence St E. ATTENTION INVESTORS, DEVELOPERS, AND HISTORIC HOME ENTHUSIASTS! Uncover the massive potential of this grand 1900s estate in the heart of Medoc. Boasting approx. 14 rooms, 5 baths, and 2 existing kitchens, this towering structure offers rare scale and versatility. Completely vacant, clear of tenants, and ready for immediate transformation. CHOOSE YOUR OPPORTUNITY:1.HIGH-YIELD TRIPLEX: With a 2-kitchen footprint in place, multi-unit conversion "heavy lifting" is partially done. Maximize cost-per-unit metrics to build a powerhouse cash-flowing asset. 2. BOUTIQUE BED & BREAKFAST: Capitalize on the historic architecture, massive room count, and layout to create a unique hospitality destination in a growing market. 3. GRAND MULTI-GENERATIONAL ESTATE: Unmatched square footage. Live in one section while utilizing separate layouts for extended family or rent portions to offset your mortgage.VALUE-ADD & PRICING STRATEGY: Sold "as-is, where-is" and aggressively priced at $499,999 to account for necessary cosmetic, mechanical, and capital updates. Bring your contractor and vision-this textbook "blank canvas" allows you to customize finishes from scratch while forcing immediate, massive equity. INVESTOR BONUS: Seller financing available! Skip bank delays with an 8% interest-only VTB mortgage (80% LTV) with just a 20% down payment ($99,999.80). Keep your capital free for renovations! Opportunities of this scale and price point do not last. Whether building a high-performance portfolio or resurrecting a historic masterpiece, this property delivers the perfect canvas. Offers welcome anytime. Schedule your private tour today and run the numbers! (id:27476)
