103 PATRICK STREET, North Huron, Ontario
$550,000
- 4 Beds
- 4 Baths
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. (id:23309)
- Listing ID: X12251122
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 103 PATRICK STREET in North Huron Ontario. It was last modified on June 28th, 2025. Contact Justin Handley to schedule a viewing or to discover other North Huron real estate for sale.