5366 King Street Beamsville, Ontario L0R 1B3
$999,900
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:57134)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | H4189024 |
| Property Type | Multi-family |
| Amenities Near By | Schools |
| Equipment Type | None |
| Features | Ravine, Conservation/green Belt, Double Width Or More Driveway, Paved Driveway, Country Residential, Laundry- Coin Operated, In-law Suite |
| Parking Space Total | 10 |
| Rental Equipment Type | None |
| Structure | Shed |
| View Type | View |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Architectural Style | Multi-unit |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1964 |
| Construction Material | Concrete Block, Concrete Walls |
| Construction Style Attachment | Detached |
| Exterior Finish | Brick, Concrete |
| Fire Protection | Fire Alarm System |
| Fireplace Present | Yes |
| Fireplace Total | 4 |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Exterior | 3000 Sqft |
| Size Interior | 3000 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 240 Ft |
| Size Frontage | 112 Ft |
| Size Irregular | 113 X 125 X 240 X 271 |
| Size Total Text | 113 X 125 X 240 X 271|1/2 - 1.99 Acres |
| Zoning Description | Nec |
https://www.realtor.ca/real-estate/26671907/5366-king-street-beamsville
115 #8 Highway
Stoney Creek, Ontario L8G 1C1
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March 27 2024 01:07:32
REALTORS® Association of Hamilton-Burlington
Royal LePage State Realty