For Sale - 146-148 Frances Street, North Huron, Ontario

Est payment $1,978/mo
Views   1
Time on Jump  89 day
  • Well-maintained fourplex in a quiet and desirable location.
  • Strong tenant base with a total rental income of $3,074.25 monthly.
  • Separate utilities for each unit, ensuring tenant responsibility.
  • Spacious backyard and ample on-site parking available.
  • Flexible month-to-month leases for potential owner occupancy or strategy adjustments.



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. 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.
Listing IDX12318925
Address146-148 Frances Street
CityNorth Huron, Ontario
Price$399,000
Bed / Bath7 / 4 Full
Style2-Storey, Fourplex
ConstructionConcrete Block, Aluminum Siding
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Accessory Apartment, Separate Heating Controls, StorageOwnership FreeholdBasement UnfinishedFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Agency:  Royal LePage RCR Realty
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146-148 Frances Street
North Huron , Ontario
7 4 $399,000
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