504 ANDREW STREET
Shelburne, Ontario
MLS® X13112900
$1,699,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13112900
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 29Listing description
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.
Property summary
- MLS® number
- X13112900
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 60 x 150 FT
- Annual property taxes
- $4,585.00
- Parking
- 7 spaces · No Garage
- Days on market
- 107 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Finished, Full
- Appliances
- Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater
- Exterior features
- Brick
- Architectural style
- Raised bungalow
What would this home cost you?
Based on the $1,699,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE RCR REALTY, ORANGEVILLE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.