Description

 Price: $ 1,699,999.00 MLS^®: X13112900         Location : 504 Andrew Street, Shelburne, ON L9V 2Z1

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.

Location Description

Main Street East & Dufferin Street

Property Details

• Community: Shelburne
• Property Type: Tenant/Residential Freehold
• Bedrooms: 8
• Bath: 4
• Garages: None

Building Features

• Foundation Type: Concrete
• Construction Material: Brick
• Total Parking Space: 7

Features

• Heating: Baseboard Electric
• Sewer: Sewer ,