5366 King St , Lincoln ON L0R 1B3

Sale $999,900  | 
Listing # X8177308
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Office Listing:

Jason Jacobs

Lela Michalski

Lela Michalski

Sales Representative

Phone: 905.648.4451
Fax: 905.648.7393
Cell: 905.515.8474

lelamichalski@royallepage.ca
https://www.lelamichalski.com
Natalie Pittao

Natalie Pittao

Sales Representative

Phone: 905.648.4451

nataliemichalski@royallepage.ca

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

Brokerage

1122 Wilson STREET WEST
Ancaster,  ON L9G3K9

Remarks:

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. Also contains storage shed, lean to, and older storage shed. 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. 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.

Investment

Annual Tax Amount: $5,230.00
Lot Frontage: 113 Feet
Lot Depth: 240.4 Feet
Floor Space (approx): 0 Square Feet

Property Features:

Air Conditioning: No
Occupancy: Tenant
Survey: No
Utilities: Yes
Water: Municipal
Approx Age: 51-99

Building Features:

Basement: Yes
Elevator: None
Garage Type: None
Heat Type: Baseboard