146-148 Frances Street, North Huron, Ontario N0G 2W0 is For Sale and has a listing price of 419,000. The property is located in the North Huron neighbourhood . It's been on the website for 46 Days.
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.
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
08/01/2025 | X12318925 | $419,000 | For Sale | - | - |