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:47421)
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Detailed Information
Bedrooms
4+4
Bathrooms
4
Lot
112 x 240 ft
Total Area
3,000 ft2
Equipment
None
Features
Ravine, Conservation/green belt, Double width or more driveway, Paved driveway, Country residential, Laundry- Coin operated, In-Law Suite
Listing Contract Date
2024-03-26
Location Description
RURAL
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Single Family
Rental Equipment
None
Structures
Shed
Transaction Type
For sale
Views
View, View (panoramic)
Zoning Description
NEC
Building
Appliances
Refrigerator, Stove
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1964
Construction Material
Concrete block, Concrete Walls
Construction Style (Attachment)
Detached
Exterior Finish
Brick, Concrete
Foundation Type
Block
Heating Fuel
Electric
Heating Type
Baseboard heaters
Size (Exterior)
3000 square feet
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
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''
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
113 x 125 x 240 x 271 | 1/2 - 1.99 acres
Sewer
Septic System
Size of Irregular Land
113 x 125 x 240 x 271
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