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:61594)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X13224684 |
| Property Type | Multi-family |
| Community Name | Wingham |
| Equipment Type | Dryer(s), Washer(s) |
| Parking Space Total | 8 |
| Rental Equipment Type | Dryer(s), Washer(s) |
| Appliances | Water Heater |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Interior | 4,350 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 120 Ft |
| Size Frontage | 93 Ft |
| Size Irregular | 93 X 120 Ft |
| Size Total Text | 93 X 120 Ft |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/29836078/315-centre-street-north-huron-wingham-wingham
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