8.2% Cap Rate! Well-maintained legal 6-plex (5 x 1 Bdrm, 1 x 2 Bdrm) with phenomenal curb appeal on a large corner lot. 1 unit presently vacant. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located 150m from downtown & within walking distance to all amenities. This investment has lots of unrealized upside potential, Unit 4 has a sizeable, Full height finished attic space not being used which could transform unit 4 into a large 2-storey 4 bedroom suite. 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. (id:60120)
| MLS® Number | X13224924 |
| Property Type | Multi-family |
| Community Name | Wingham |
| Amenities Near By | Park, Schools |
| Communication Type | Internet Access |
| Equipment Type | Dryer(s), Washer(s) |
| Parking Space Total | 8 |
| Rental Equipment Type | Dryer(s), Washer(s) |
| Bathroom Total | 6 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Stove, Refrigerator |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished), N/a |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 3,500 - 5,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Land Amenities | Park, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft ,1 In |
| Size Frontage | 93 Ft ,8 In |
| Size Irregular | 93.7 X 120.1 Ft |
| Size Total Text | 93.7 X 120.1 Ft |
| Zoning Description | R2 |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29836437/315-centre-street-north-huron-wingham-wingham
Contact us for more information
Ashley Lapier
Broker
(416) 767-5500
(416) 760-7878
www.mysakrealty.com/