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$ 419,000
Est. payment /mo
New
146-148 Frances ST North Huron, ON N0G 2W0
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Wingham
MLS Listing ID X12318925
Style 2-Storey
Bedrooms 7
Annual Tax Amount $5,136
Tax Year 2025
Property Sub-Type Fourplex
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.
Location
Province ON
County Huron
Community Wingham
Area Huron
Rooms
Family Room Yes
Basement Unfinished
Kitchen 4
Interior
Interior Features Accessory Apartment, Separate Heating Controls, Storage
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Pool None
Roof Type Metal
Lot Frontage 66.0
Lot Depth 120.0
Total Parking Spaces 6
Building
Foundation Poured Concrete
Listed by Royal LePage RCR Realty