146-148 Frances Street North Huron, Ontario N0G 2W0
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Bedroom(s)
Bathroom(s)
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:49605)
Property Details
| Price | $419,000 |
| Bedroom(s) | 7 |
| Bathroom(s) | 4 |
| Property Type | Multi-family |
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August 09 2025 10:01:20
The Lakelands Association of REALTORS®
Royal LePage Rcr Realty
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