623 Frank Street, South Bruce Peninsula, ON N0H 2T0

$595,900
5
BD
2
BA
2,000
SqFt

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List Price
$595,900
Price Change
▼ $14,100 1789599351
MLS#
X13701400
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
5
Bathrooms
2
Living Area
2000-2500
Province
ON
Municipality
South Bruce Peninsula
Area
Bruce
Neighborhood
South Bruce Peninsula
Subdivision
Isaac

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.

Additional Information

Taxes
$3,850
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Aluminum Siding
Garage Type
None
Pool
None
Parking Spaces
5
Parking Type
Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Sutton-Sound Realty.