315 Centre Street, North Huron, ON N0G 2W0

$749,000
7
BD
6
BA
3,500
SqFt

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List Price
$749,000
MLS#
X13224924
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2 1/2 Storey
Bedrooms
7
Bathrooms
6
Living Area
3500-5000
Province
ON
Municipality
North Huron
Area
Huron
Neighborhood
Wingham
Subdivision
London Rd/ Patrick St.

Property Description

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.

Additional Information

Taxes
$4,758
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Family Room
Yes
Kitchens
6
Exterior
Brick
Waterfront Type
None
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
8
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of MYSAK REALTY INC..