For Sale

$1,724,900

504 Andrew Street, Shelburne, ON L9V 2Z1

Main Street East - Dufferin St.

4 Baths

Remarks

An outstanding investment opportunity for a 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 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 2023/2024, 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:

4 refrigerators, 4 stoves, 4 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
  • Bathrooms (Total): 4

Property Features:

  • Approximate Age:
    31-50
  • Business Type:
    Apts - 2 To 5 Units
  • Cooling:
    Yes
  • Garage Type:
    None
  • Heat Type:
    Baseboard
  • Property Use:
    Apartment
  • Utilities:
    Yes
  • 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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