146-148 Frances St

For Sale 35 Days
$419,000
7 beds
4 baths

146-148 Frances St

For Sale 35 Days
$419,000
7 beds
4 baths

Highlights

Key insights

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. (id:63267)

ANGELA BOERSMA of Royal LePage RCR Realty,
#X12318925
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Cooling
    Wall unit
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    6
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    7
Location
  • Subdivision
    Wingham
  • Directions
    1462418
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12318925
  • Property sub type
    Multi-family
  • Status
    Active
Rooms Information metric
  • Bathroom
    2.54m X 1.65m
    Level: 2nd
  • Bedroom
    3.37m X 2.66m
    Level: 2nd
  • Kitchen
    3.42m X 2.66m
    Level: 2nd
  • Living room
    5.18m X 3.4m
    Level: 2nd
  • Bathroom
    2.51m X 1.57m
    Level: 2nd
  • Bedroom
    5.18m X 3.4m
    Level: 2nd
  • Bedroom
    3.53m X 2.79m
    Level: 2nd
  • Laundry
    1.47m X 0.78m
    Level: 2nd
  • Bedroom
    3.55m X 2.74m
    Level: 2nd
  • Bedroom
    3.32m X 3.25m
    Level: Lower
  • Living room
    5.61m X 3.63m
    Level: Lower
  • Living room
    5.18m X 3.45m
    Level: Main
  • Bedroom
    3.22m X 2.87m
    Level: Main
  • Bathroom
    1.95m X 1.47m
    Level: Main
  • Bedroom
    4.11m X 3.32m
    Level: Main
  • Bathroom
    3.5m X 1.14m
    Level: Main
  • Kitchen
    6.17m X 4.26m
    Level: Main
  • Kitchen
    3.53m X 2.92m
    Level: Main
  • Living room
    7.79m X 3.4m
    Level: Main
  • Kitchen
    3.55m X 3.2m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28678202/146-148-frances-street-north-huron-wingham-wingham
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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