7.1% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located within walking distance to all amenities. This fantastic investment opportunity has lots of unrealized upside potential, Unit 4 has a sizeable, finished attic space not being used and is not leased to the current tenant, spacious coach house currently in use by the owner has potential to bring additional rental income or could potentially be converted to a 7th unit with city approval. Common areas are heated by gas. (id:61852)
MLS® Number | X12403570 |
Property Type | Multi-family |
Community Name | Wingham |
AmenitiesNearBy | Park, Schools |
EquipmentType | Dryer(s), Washer(s) |
ParkingSpaceTotal | 8 |
RentalEquipmentType | Dryer(s), Washer(s) |
BathroomTotal | 6 |
BedroomsAboveGround | 8 |
BedroomsTotal | 8 |
Amenities | Separate Electricity Meters |
Appliances | Water Heater, Stove, Refrigerator |
BasementDevelopment | Unfinished |
BasementFeatures | Separate Entrance |
BasementType | N/a (unfinished) |
ExteriorFinish | Brick |
FoundationType | Concrete |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
StoriesTotal | 3 |
SizeInterior | 3500 - 5000 Sqft |
Type | Other |
UtilityWater | Municipal Water |
Detached Garage | |
Garage |
Acreage | No |
LandAmenities | Park, Schools |
LandscapeFeatures | Landscaped |
Sewer | Sanitary Sewer |
SizeDepth | 120 Ft |
SizeFrontage | 93 Ft |
SizeIrregular | 93 X 120 Ft |
SizeTotalText | 93 X 120 Ft |
ZoningDescription | R2 |
Cable | Installed |
Electricity | Installed |
Sewer | Installed |
https://www.realtor.ca/real-estate/28862823/315-centre-street-north-huron-wingham-wingham
Contact us for more information
Ashley Lapier
Broker