146-148 Frances ST Pending Save Request In-Person Tour Request Virtual Tour
North Huron,ON N0G 2W0
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
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
State 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