504 Andrew Street, Shelburne, Ontario

$1,699,999

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8

Beds

4

Baths

About 504 Andrew Street

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:36535)

Features of 504 Andrew Street

Listing # X13112900
Price $1,699,999
Bedrooms 8
Bathrooms 4.00
Acres 0.00
Type Multi-family
Style Raised bungalow

Community Information

Address 504 Andrew Street
Subdivision Shelburne
City Shelburne
Province Ontario
Postal Code L9V2Z1

Amenities

Amenities Schools, Place of Worship, Separate Electricity Meters
Utilities Cable, Electricity, Sewer
Parking Spaces 7
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water meter, Dryer, Stove, Water Heater, Washer, Refrigerator
Heating Electric Baseboard heaters
Cooling Wall unit
Fireplace No
# of Stories 1
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Brick
Lot Description 60 x 150 FT
Foundation Concrete

Listing Details

OfficeCourtesy Of ROYAL LEPAGE RCR REALTY

Listing Map