504 Andrew Street Shelburne, Ontario L9V 2Z1

$1,699,999

Thinking about venturing into the world of residential leasing - start with this outstanding investment opportunity in the rapidly growing Town of Shelburne. Check out this solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. Quality brick exterior, the building sits on a spacious 60 ft. x 150 ft. lot. Each of the four units features an open concept kitchen, dining & living area with breakfast counters, 2 bedrooms, a full 4 piece bathroom and ensuite laundry. Each unit was refreshed with neutral decor in 2023/2024 with quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity is fully tenanted and offers great income and cap rate. See attached income/expense information. (id:55460)

Property Details

MLS® Number	X13112900
Property Type	Multi-family
Community Name	Shelburne
Amenities Near By	Schools, Place Of Worship
Parking Space Total	7
Structure	Shed

Building

Bathroom Total	4
Bedrooms Above Ground	8
Bedrooms Total	8
Age	31 To 50 Years
Amenities	Separate Electricity Meters
Appliances	Water Meter, Dryer, Stove, Water Heater, Washer, Refrigerator
Architectural Style	Raised Bungalow
Basement Development	Finished
Basement Type	Full (finished)
Cooling Type	Wall Unit
Exterior Finish	Brick
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	1
Size Interior	1,500 - 2,000 Ft2
Type	Fourplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Schools, Place Of Worship
Sewer	Sanitary Sewer
Size Depth	150 Ft
Size Frontage	60 Ft
Size Irregular	60 X 150 Ft
Size Total Text	60 X 150 Ft

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/29734244/504-andrew-street-shelburne-shelburne