146-148 Frances Street

North Huron, Wingham

描述

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. The tenant in the one bedroom is leaving December 6. A great opportunity to break into the rental market with a turnkey property with an excellent rate of return.

This fourplex home located at 148 Frances Street, North Huron, ON N0G 2W0 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$399K. It has 7 beds, 4 bathrooms, and is 3000-3500 square feet. The property is N/A years old. 148 Frances Street, North Huron, ON N0G 2W0 is in North Huron neighborhood Wingham.