294 JOSEPHINE Street, Wingham, Ontario N0G2W0

  • $930,000
294 JOSEPHINE Street, Wingham, Ontario N0G2W0
For Sale
294 JOSEPHINE Street, Wingham, Ontario N0G2W0
  • $930,000

Overview

Property ID: 1450575
  • Multi-family
  • Property Type
  • 8
  • Garages
  • 4137.0

Description

Welcome to 302 Josephine Street, Wingham, Ontario – a fantastic investment opportunity for any real estate enthusiast! 7.1% Cap rate! All commonly asked questions are in supplements. Well kept building in the heart of downtown always fully leased. The financials are in the supplements. All units have their own heating controls, water heater and furance as well as cooling controls! This multi-use property features spacious commercial units on the ground level, perfect for a variety of businesses (5 apartments and 3 commercial spaces – a total of 8 units). The ample windows allow natural light to flow throughout the space, creating a bright and inviting atmosphere for customers and clients. In addition, the property boasts 5 modern and comfortable apartment units on the upper levels. Each unit is designed with ample windows, providing plenty of natural light and stunning views of the surrounding area. This property is also equipped with 8 total furnaces, 7 hot water heaters, and 8 air conditioners, ensuring that each unit is comfortable and efficiently year-round. Located in the heart of Wingham, this property is in close proximity to all the amenities the town has to offer, including restaurants, shops, and other local businesses. With so much potential and versatility, this property is an opportunity that cannot be missed! (id:56724)

Details

Updated on May 15, 2024 at 3:18 pm
  • Property ID: 1450575
  • Price: $930,000
  • Property Size: 4137.0
  • Garages: 8
  • Property Type: Multi-family
  • Property Status: For Sale
  • MLS#: 40503047
  • MLS Status: Active

Additional details

  • Sewer: Municipal sewage system
  • Cooling: Central air conditioning
  • Heating: Forced air,Natural gas
  • Stories: 2
  • Basement: Unfinished,Crawl space
  • Directions: Highway 86 and London Road
  • Water Source: Municipal water
  • Parking Total: 8
  • Common Interest: Freehold
  • Tax Annual Amount: 8100
  • Community Features: High Traffic Area,School Bus,Community Centre,Industrial Park
  • Foundation Details: Stone
  • Zoning Description: RES
  • Address 294-302 JOSEPHINE Street
  • City Wingham
  • Province Ontario
  • Postal Code N0G2W0
  • Area Wingham
  • Country Canada

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Jenny Domingos
  • Jenny Domingos