504 Andrew Street Shelburne, Ontario L9V 2Z1

$1,724,900

An outstanding investment opportunity for a solid, updated fourplex, featuring 4 bright, separate 2 bedroom apartments. The building has a brick exterior and is sited on a spacious 60 ft. x 150 ft. lot. The building has 4 individual hydro meters and 4 water meters. Each unit features 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 2024, quality laminate flooring, updated cabinetry and bathroom fixtures. Each unit also features a ductless heating/cooling unit. This turnkey investment opportunity offers great income and cap rate, with the opportunity to add two new tenants or owner occupy a unit after April 30th. See attached income/expense information. (id:61215)

Property Details

MLS® Number	X12061421
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/28119637/504-andrew-street-shelburne-shelburne