146-148 Frances Street North Huron, Ontario N0G 2W0
$419,000
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:59203)
Property Details
| MLS® Number | X12318925 |
| Property Type | Multi-family |
| Community Name | Wingham |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Amenities | Separate Heating Controls |
| Appliances | Dryer, Stove, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| CoolingType | Wall Unit |
| ExteriorFinish | Concrete Block, Aluminum Siding |
| FireplacePresent | Yes |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 120 Ft |
| SizeFrontage | 66 Ft |
| SizeIrregular | 66 X 120 Ft |
| SizeTotalText | 66 X 120 Ft |
| ZoningDescription | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.42 m | 2.66 m | 3.42 m x 2.66 m |
| Second Level | Living Room | 5.18 m | 3.4 m | 5.18 m x 3.4 m |
| Second Level | Bedroom | 3.53 m | 2.79 m | 3.53 m x 2.79 m |
| Second Level | Bathroom | 2.51 m | 1.57 m | 2.51 m x 1.57 m |
| Second Level | Laundry Room | 1.47 m | 0.78 m | 1.47 m x 0.78 m |
| Second Level | Bedroom | 5.18 m | 3.4 m | 5.18 m x 3.4 m |
| Second Level | Bedroom | 3.55 m | 2.74 m | 3.55 m x 2.74 m |
| Second Level | Bedroom | 3.37 m | 2.66 m | 3.37 m x 2.66 m |
| Second Level | Bathroom | 2.54 m | 1.65 m | 2.54 m x 1.65 m |
| Lower Level | Bedroom | 3.32 m | 3.25 m | 3.32 m x 3.25 m |
| Lower Level | Living Room | 5.61 m | 3.63 m | 5.61 m x 3.63 m |
| Main Level | Kitchen | 3.55 m | 3.2 m | 3.55 m x 3.2 m |
| Main Level | Kitchen | 3.53 m | 2.92 m | 3.53 m x 2.92 m |
| Main Level | Living Room | 7.79 m | 3.4 m | 7.79 m x 3.4 m |
| Main Level | Living Room | 5.18 m | 3.45 m | 5.18 m x 3.45 m |
| Main Level | Bedroom | 4.11 m | 3.32 m | 4.11 m x 3.32 m |
| Main Level | Bathroom | 1.95 m | 1.47 m | 1.95 m x 1.47 m |
| Main Level | Bedroom | 3.22 m | 2.87 m | 3.22 m x 2.87 m |
| Main Level | Bathroom | 3.5 m | 1.14 m | 3.5 m x 1.14 m |
| Main Level | Kitchen | 6.17 m | 4.26 m | 6.17 m x 4.26 m |
| Main Level | Bathroom | 2.87 m | 1.49 m | 2.87 m x 1.49 m |
https://www.realtor.ca/real-estate/28678202/146-148-frances-street-north-huron-wingham-wingham
Interested?
Contact us for more information
Angela Boersma
Broker
425 10th St,
Hanover, N4N 1P8
Siebren Boersma
Salesperson
425 10th St,
Hanover, N4N 1P8
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August 09 2025 10:01:20
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