16
$399,000 Sale
Listed 12 hours ago
146-148 Frances Street
· 7
· 4
· 6
· 3000-3500
Listing History
Buy/Sell/Terminated/Expired listing history for 146-148 Frances Street
Key Facts
Key facts for 146-148 Frances Street
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 6 parking
MLS #
X12318925
Size
3000-3500 sqft
Basement
Unfinished
Listed on
2025-08-01
Lot size
66 x 120.0
Tax
$5,136 /yr
Days on Market
79
Approximate Age
-
Maintenance Fee
-
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 separa...tely 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. The tenant in the one bedroom is leaving December 6. A great opportunity to break into the rental market with a turnkey property with an excellent rate of return.
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Courtesy of: Royal LePage RCR Realty