For Sale

$1,724,900

504 Andrew Street, Shelburne, ON L9V 2Z1

Main Street East & Dufferin Street

8 Beds 4 Baths

Remarks

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.

Inclusions:

Four refrigerators, four stoves, four sets of washer/dryer, 4 hot water heaters

Property Summary

  • Neighbourhood:
  • Annual Tax Amount: $4,385.01
  • Lot Frontage: 60 Feet
  • Lot Depth: 150 Feet
  • No. of Parking Spaces: 7
  • Floor Space (approx): 1500-2000 Square Feet
  • Bedrooms: 8
  • Bathrooms (Total): 4

Property Features:

  • Approximate Age:
    31-50
  • Architectural Style:
    Bungalow-Raised
  • Basement:
    Finished , Full
  • Construction Materials:
    Brick
  • Cooling:
    Wall Unit(s)
  • Foundation Details:
    Concrete
  • Garage Type:
    None
  • Heat Source:
    Electric
  • Heat Type:
    Baseboard
  • Interior Features:
    Separate Hydro Meter
  • Other Structures:
    []
  • Parking Features:
    Private
  • Pool Features:
    None
  • Property Features:
    School , Place Of Worship
  • Roof:
    Asphalt Shingle
  • Sewer:
    Sewer
  • Water:
    Municipal
Lifestyle
Neighbourhood Info
TEAM WUNDERLICH

TEAM WUNDERLICH

Phone:  519.534.5413

Fax:  519.534.5414

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Royal LePage RCR Realty, Brokerage (Independently owned and operated)

588 BERFORD STREET
Wiarton,  ON N0H2T0

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