5366 King Street , Beamsville, Ontario L0R1B3

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$999,900

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ATTENTION INVESTORS - DIVERSIFY YOUR INVESTMENT PORTFOLIO – OVER 5% CAP RATE – long term tenants and rarely offered purpose built 4-Plex in Beamsville on the Wine Route. Each unit ranges in size from 760 – 775 square feet and offers 2 bedrooms, full 3 or 4-piece bathroom, kitchen, dining area and family room with fireplace insert. Two lower units were renovated in the past 5 years top to bottom, other 2 upper units show well and have small walk out patios. Serene setting with ravine, beautiful storage shed, additional lean to for storage and older storage shed also on the property. Recently installed and approved septic tanks along with armour stone wall in front of 10 car parking. All 4 units are occupied and on month-to-month leases with the same tenants in place from 3-5 years. Additional income from coin operated washer and dryer. Each unit contains fridge and stove and are heated by baseboard heat but with secondary heating from gas fireplace insert. Great addition to any investment portfolio or for the savvy investor live in one unit and rent the other 3 units. Call to book an appointment today! (id:27)

Property Summary

Lot Frontage: 112.0 Feet
Lot Depth: 240.0 Feet
Lot Size: 113 x 125 x 240 x 271
No. of Parking Spaces: 10
Floor Space (approx): 3000.00 Square Feet
Built in: 1964
Zoning: NEC

Office Listing:

Jason Jacobs , Renee Jacobs

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Lela Michalski

Sales Representative

Phone: 905.648.4451

Cell: 905.515.8474

Fax: 905.648.7393

Natalie Pittao

Sales Representative

Phone: 905.648.4451

Royal LePage State Realty, Brokerage (Independently owned and operated)

1122 Wilson STREET WEST
Ancaster, ON L9G3K9

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5366 King Street ,
Beamsville, Ontario L0R1B3

$999,900