146-148 FRANCES STREET North Huron

146-148 FRANCES STREET, North Huron, Ontario

$419,000

  • 7 Beds
  • 4 Baths

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:56241)

  • Listing ID: X12318925
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Kitchen Second level 3.42 m x 2.66 m
Living room Second level 5.18 m x 3.4 m
Bedroom Second level 3.53 m x 2.79 m
Bathroom Second level 2.51 m x 1.57 m
Laundry room Second level 1.47 m x 0.78 m
Bedroom Second level 5.18 m x 3.4 m
Bedroom Second level 3.55 m x 2.74 m
Bedroom Second level 3.37 m x 2.66 m
Bathroom Second level 2.54 m x 1.65 m
Bedroom Lower level 3.32 m x 3.25 m
Living room Lower level 5.61 m x 3.63 m
Kitchen Main level 3.55 m x 3.2 m
Kitchen Main level 3.53 m x 2.92 m
Living room Main level 7.79 m x 3.4 m
Living room Main level 5.18 m x 3.45 m
Bedroom Main level 4.11 m x 3.32 m
Bathroom Main level 1.95 m x 1.47 m
Bedroom Main level 3.22 m x 2.87 m
Bathroom Main level 3.5 m x 1.14 m
Kitchen Main level 6.17 m x 4.26 m
Bathroom Main level 2.87 m x 1.49 m

Details

  • Parking Spaces: 6
  • Transaction: For sale
  • Zoning Description: R2

Building

  • Amenities: Separate Heating Controls
  • Appliances: Dryer, Stove, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 7
  • Cooling: Wall unit
  • Exterior Finish: Concrete Block, Aluminum siding
  • Fireplace Present: True
  • Foundation: Poured Concrete
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 3000 - 3500 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 66 ft
  • Size Irregular: 66 x 120 FT
MLS®

Listing provided by Royal LePage RCR Realty
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 146-148 FRANCES STREET in North Huron Ontario. It was last modified on August 1st, 2025. Contact Geoff Allen to schedule a viewing or to discover other North Huron real estate for sale.

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