315 Centre St., Wingham

$749,000

Highlights

Units

6


Stories

2


Price Per Unit

$124,833


Lot Size

93' x 120'


Cap Rate

8.2%

Picture of listing property
Full Details

Extremely Well-maintained legal 6-plex with phenomenal curb appeal on a large corner lot. This fantastic investment opportunity 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 2 level 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. Excellent Tenant profile. Units are heated by Electric Baseboard, Tenants pay their own Hydro, Ample onsite parking and centrally located within 150m of downtown & walking distance to all amenities.


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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.