$999,900

ID# H4189062

5366 King Street
Beamsville, Ontario L0R1B3

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:57485)

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Courtesy of Royal LePage State Realty
Listed on: March 26, 2024

On market: 32 days

Bathroom Total	4
Bedrooms Total	8
Half Bathrooms Total	0
Year Built	1964
Heating Type	Baseboard heaters
Heating Fuel	Electric

3pc Bathroom	Second level	7' 8'' x 5' 0''
Bedroom	Second level	9' 1'' x 11' 1''
Bedroom	Second level	8' 11'' x 11' 1''
Kitchen	Second level	9' 10'' x 5' 10''
Dining room	Second level	8' 9'' x 11' 7''
Living room	Second level	18' 7'' x 11' 7''
4pc Bathroom	Second level	7' 9'' x 4' 11''
Bedroom	Second level	8' 10'' x 11' 1''
Bedroom	Second level	8' 9'' x 11' 1''
Kitchen	Second level	7' 9'' x 4' 11''
Dining room	Second level	8' 11'' x 11' 7''
Living room	Second level	18' 9'' x 11' 8''
4pc Bathroom	Sub-basement	7' 7'' x 5' 0''
Bedroom	Sub-basement	9' 9'' x 11' 5''
Bedroom	Sub-basement	9' 8'' x 11' 5''
Kitchen	Sub-basement	8' 9'' x 5' 4''
Dining room	Sub-basement	9' 8'' x 11' 1''
Living room	Sub-basement	18' 5'' x 11' 6''
4pc Bathroom	Sub-basement	Measurements not available
Bedroom	Sub-basement	9' 9'' x 11' 5''
Bedroom	Sub-basement	9' 8'' x 11' 5''
Kitchen	Sub-basement	8' 9'' x 5' 4''
Dining room	Sub-basement	9' 8'' x 11' 1''
Living room	Sub-basement	18' 5'' x 11' 6''

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Heidi Brown

Sales Representative

Direct: 416-898-4565

heidi@heidibrownhomes.ca

Oakville Office:

RE/MAX Escarpment Realty Inc., Brokerage

1320 Cornwall Road

Oakville, ON, Canada L6J 0H7

Hamilton Office:

RE/MAX Escarpment Realty Inc., Brokerage

1595 Upper James Street, Suite 101

Hamilton, ON, Canada L9B 0H7

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5366 King Street Beamsville, Ontario L0R1B3

5366 King Street
Beamsville, Ontario L0R1B3