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623 FRANK STREET, South Bruce Peninsula

5 BEDS · 2 BATHS · 2000 - 2500 sqft

$575,900

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.

General Info


MLS Listing ID: X13701400 Bedrooms: 5 Bathrooms: 2 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block Roof: N/A Title To Land: N/A Parking Space Total: 5
Parking: No Garage Heating: Forced air Size: 2000 - 2500 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: MIKE SMITH, Sutton-Sound Realty

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