ON
North Huron (Wingham)
N0G2W0
146-148 Frances Street
146-148 Frances Street, North Huron (Wingham), ON N0G2W0
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Listing Type
Multi Family
Listing Status
active
16
$419,000

Home Details for 146-148 Frances Street

Price
$419,000
Type
Residential Income
Bedrooms
7
Bathrooms
4.0
Square feet
NaN
Parking
Days on site
54
Listing #
X12318925
Property Description

Affordable investment opportunity in the heart of Wingham! This well-maintained fourplex is located on a quiet, desirable street and offers a solid tenant base. The property includes two one-bedroom units, one two-bedroom unit, and one three-bedroom uniteach with its own appliance package and separately metered utilities. Current rents generate a total of $3,074.25 per month, with tenants responsible for their own heat and hydro.The building features a newer steel roof, a spacious backyard, ample on-site parking, and updated furnaces in units 146 #2 (2016), 148 #1 (2016) and 148 #2 (2017), no rental items, two updated water heaters (2024 and 2025). Wingham is a charming community with a full range of amenities and is just a short drive from the beautiful shores of Lake Huron. All tenants are currently on month-to-month leases, offering flexibility for those looking to live in one unit or adjust the rental strategy. A great opportunity to break into the rental market with a turnkey property and reliable income at approx 6.7% rate of return. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Wall Unit(s)
Listing Courtesy: Royal LePage RCR Realty
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