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$ 550,000
Est. payment | /mo
4 Beds
4 Baths
$ 550,000
Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Wingham
MLS Listing ID X12251122
Style 2-Storey
Bedrooms 4
Building Age 51-99
Annual Tax Amount $4,425
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Rare Fourplex Investment Opportunity in the Heart of Wingham. Discover a standout income-generating property in the charming town of Wingham. This legal fourplex offers tremendous value for investors or those looking to live in one unit while renting the others. Set on a generous 82.5 x 99 ft corner lot at Francis and Patrick Streets, this well-maintained multi-family residence delivers both functionality and long-term upside in a growing community. Spanning approximately 2270 sq ft, the building is fully tenanted and features four self-contained 1-bedroom units, each with its own kitchen, bathroom, and separate heating controls, an ideal setup for minimizing landlord overhead and attracting stable rental income. All four bathrooms are neatly laid out, with compact and efficient design, while the stone foundation and vinyl siding exterior ensure a low-maintenance envelope. Each unit includes major appliances: refrigerator and stove, along with municipal water, sanitary sewer, and separately metered electric baseboard heating, and access to the coin-operated laundry room. A walk-up basement in one unit offers additional utility and storage potential. The on-site parking spaces provide convenience for tenants and visitors alike, a notable advantage in multi-unit residential properties. Zoned R2, this corner-lot property also offers redevelopment or expansion potential (buyer to verify with township). With easy access to local amenities, schools, and downtown Wingham shopping & dining, it's an attractive location for renters seeking quiet living in a walkable community. Whether you're expanding your portfolio or making your first foray into multi-residential real estate, this turnkey fourplex is a must-see. Solid structure, strong rental demand, and a spacious lot make it a winning combination for smart investors.
Location
Province ON
County Huron
Community Wingham
Area Huron
Rooms
Family Room No
Basement Walk-Up
Kitchen 4
Interior
Interior Features Separate Heating Controls, Water Heater Owned
Cooling Window Unit(s)
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Metal
Lot Frontage 82.5
Lot Depth 99.0
Total Parking Spaces 4
Building
Foundation Stone
New Construction false
Listed by Royal LePage Heartland Realty
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