623 FRANK STREET, South Bruce Peninsula, ON N0H2T0
623 FRANK STREET, South Bruce Peninsula, ON N0H2T0
623 FRANK STREET, South Bruce Peninsula, ON N0H2T0
34
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$610,000
Est. payment /mo
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5 Beds
2 Baths
2,000 SqFt
New

623 FRANK STREET South Bruce Peninsula, ON N0H2T0

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $305

Subdivision South Bruce Peninsula

MLS® Listing ID X13701400

Bedrooms 5

Property Description

Investment Opportunity in Wiarton. Discover an excellent investment opportunity at 623 Frank Street in Wiarton, ideally situated just one block from the shores of beautiful Colpoys Bay and close to downtown amenities and Bluewater Park.This well-positioned duplex features two separate units, including a spacious 2-bedroom unit and a 3-bedroom unit, offering flexibility for investors or those looking to live in one unit while generating rental income from the other. The lower unit was renovated approximately 10 years ago and provides a comfortable living space for tenants. With tenants responsible for their own heat and hydro, this property offers an attractive setup for a landlord looking to keep operating costs manageable. Adding even more potential, the property is zoned to allow for additional units at the rear, providing an exciting opportunity to explore future development and increase the property's income potential, subject to municipal approvals. Located within easy reach of downtown Wiarton, Bluewater Park, Colpoys Bay, shopping, restaurants, and local amenities, this is a property with both immediate rental appeal and long-term potential. A versatile investment in a desirable Wiarton location-with income already in place and room to grow. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer


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Listed by Sutton-Sound Realty

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Leanne McNabb

Leanne McNabb

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+1(587) 573-6678

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623 FRANK STREET