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5366 King St

King St, Lincoln, ON, L0R 1B3

-
Beds
-
Baths
3,000
Sq. Ft.
$999,900
List Price
Details
Photos
40
Comparables
History
5366 King St, Lincoln, ON - 1 of 3
5366 King St, Lincoln, ON - 2 of 3
5366 King St, Lincoln, ON - 3 of 3
47 days on market

Quick Summary

  • 4-Plex offers stable income in Beamsville
  • Long term tenants pay over 5% cap rate
  • 2 units renovated top to bottom recently
  • Rare offering with 10 car parking
  • Approved septic and storage on site
  • Coin laundry provides added income
  • Baseboard and gas fireplace heating

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... Show More

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. (id:54626)

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Property Details

Size

3,000 sq. ft.
0 Beds
0 Baths

Parking

10 Parking Spaces
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Septic System
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Source

Listing Brokerage

MLS® Listing
X8177308
Last Updated
April 3, 2024
Brokerage
ROYAL LEPAGE STATE REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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