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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Wingham
MLS Listing ID X13224684
Annual Tax Amount $4,758
Tax Year 2025
Property Sub-Type Investment
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.
Location
Province ON
County Huron
Area Huron
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 93.0
Lot Depth 120.0
Others
ParcelsYN No
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Listed by MYSAK REALTY INC.
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