368 Frank Street, Wiarton, Ontario N0H 2T0

Follow Highway 6 into Wiarton then head east onto Frank Street. The Property is the 1st Block on the corner to the north side We are happy to offer you this Triplex during a strong rental market! TURN KEY INVESTMENT; FULLY RENTED! Great income! Loads of possibility for improvements to its already tidy income. The current owner has done some structural repairs since purchasing and is only selling due to the distance he lives from the property. Unlock the potential of your investment portfolio with this versatile triplex! The building has been maintained over the years, with recent updates to the electrical systems. Generate a steady stream of rental income with tenants already in place, and the potential for even more income with the third unit now having been refreshed and rented. The property is located in a desirable neighborhood, with easy access to shopping and local amenities. ** Most financial information is actual, Insurance, other are estimated ** Imagine the possibilities as you take ownership of this solid investment opportunity, with the potential for appreciation and a strong return on investment. Don't miss out on this chance to secure your financial future, schedule a viewing today!. BID COUNT: 0 ~ PROPERTY AUCTION; 6:00 pm 22nd May 2024 END of BIDDING DATE; Reserve bid, soft close auction. SUGGESTED STARTING BID: $285,000.00 Property is being sold AS IS WHERE IS. This is an auction posted on MLS® as a mere posting. All Agreements of Purchase and Sale are to be submitted as CASH on closing; no conditional offers will be entertained. Irrevocable should be 1 day after the auction close. 15% DEPOSIT, including a 10% + HST BUYERS PREMIUM is to be added to any cash bid; acknowledged in the Schedule A of the APS. You may bid by contacting your Real Estate Broker who will be paid commission on completion by the Auctioneer. (id:27476)

Conveniently situated near various amenities such as the airport, hospital, marina, park, place of worship, and playground, this property is an excellent investment opportunity. It is a freehold property with two parking spaces available.

We are excited to present this fully rented Triplex in a robust rental market. This turnkey investment offers great income potential and the opportunity for further improvements. The current owner has made structural repairs and is selling due to distance from the property. The building has been well-maintained, with recent updates to the electrical systems. With tenants already in place, there is a steady stream of rental income, and the potential for even more income with the third unit now refreshed and rented. The property is located in a desirable neighborhood with easy access to shopping and local amenities. This versatile triplex is a solid investment opportunity with the potential for appreciation and a strong return on investment.

The property is up for auction with a suggested starting bid of $285,000. It is being sold as is, and all agreements of purchase and sale are to be submitted as cash on closing. The property has a land size of 0.034 acres and is located at 368 FRANK Street, Wiarton, Ontario, with a postal code of N0H2T0. It features one bathroom, an unfinished basement, central air conditioning, vinyl siding, and uses natural gas as a heating fuel. The property consists of 2 stories and is classified as a Triplex.