For Sale

$399,000

146-148 FRANCES STREET , North Huron (Wingham), Ontario N0G2W0

7 Beds 4 Baths

Remarks

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. (id:27)

Property Summary

  • Neighbourhood: Wingham
  • Lot Frontage: 66.0 Feet
  • Lot Depth: 120.0 Feet
  • Lot Size: 66 x 120 FT
  • No. of Parking Spaces: 6
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Bedrooms: 7
  • Bathrooms (Total): 4
  • Zoning: R2

Property Features:

  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer

Building Features:

  • Amenities:
    Separate Heating Controls
  • Appliances:
    Dryer , Stove , Refrigerator
  • Basement Development:
    Unfinished
  • Basement Type:
    N/A
  • Building Type:
    Fourplex
  • Cooling Type:
    Wall unit
  • Exterior Finish:
    Aluminum siding, Concrete Block , Aluminum siding
  • Foundation Type:
    Poured Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Rooms

  • Kitchen:
    Level: 2nd 3.42 m x 2.66 m
  • Living:
    Level: 2nd 5.18 m x 3.40 m
  • Bedroom:
    Level: 2nd 3.53 m x 2.79 m
  • Bathroom:
    Level: 2nd 2.51 m x 1.57 m
  • Laundry:
    Level: 2nd 1.47 m x 0.78 m
  • Bedroom:
    Level: 2nd 5.18 m x 3.40 m
  • Bedroom:
    Level: 2nd 3.55 m x 2.74 m
  • Bedroom:
    Level: 2nd 3.37 m x 2.66 m
  • Bathroom:
    Level: 2nd 2.54 m x 1.65 m
  • Bedroom:
    Level: Lower Level 3.32 m x 3.25 m
  • Living:
    Level: Lower Level 5.61 m x 3.63 m
  • Kitchen:
    Level: Main 3.55 m x 3.20 m
  • Kitchen:
    Level: Main 3.53 m x 2.92 m
  • Living:
    Level: Main 7.79 m x 3.40 m
  • Living:
    Level: Main 5.18 m x 3.45 m
  • Bedroom:
    Level: Main 4.11 m x 3.32 m
  • Bathroom:
    Level: Main 1.95 m x 1.47 m
  • Bedroom:
    Level: Main 3.22 m x 2.87 m
  • Bathroom:
    Level: Main 3.50 m x 1.14 m
  • Kitchen:
    Level: Main 6.17 m x 4.26 m
  • Bathroom:
    Level: Main 2.87 m x 1.49 m

Office Listing: 

Angela Boersma Broker  ,  Siebren & Angela Boersma - Sales Representative | Broker

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Siebren & Angela Boersma

Siebren & Angela Boersma

Sales Representative | Broker

Phone:  519.364.7370

Mobile:  519.369.4759

Fax:  519.364.2363

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Royal LePage RCR Realty, Brokerage

6 - 425 10TH STREET
Hanover,  ON N4N 1P8

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