$1,175,000
For sale: Multiplex

Fourplex Apartment building, in great location, in area of other 4 plex's, close to Downtown Shelburne, walk to Shopping, parks and schools. Brick and vinyl building, Two storey with walk outs in each unit, to balcony on upper level and walk out to patio on lower level. Asphalt shingled Roof, Paved Parking for 6+ cars, paved driveway in a Quiet Court, very close to shopping at Giant Tiger, Dollar Tree and other stores, Down town two blocks away. 4 apartments currently 3leased to good long term tenants. One vacant easy to lease, kept vacant for new owner to use or rent out. Each Apartment is approx. 800 sq ft. The building entrance has locked door with common entrance and hallway. Each unit has their own ensuite laundry, two bedrooms, 4 pc bathroom, Storage room, Kitchen, living room and Dining room, with walk out to a deck or patio. Owned water heaters one for each unit. Upper units water heater is under the entry stairs. Tenants have their Own hydro, and Shared water. Baseboard heat, paid by Tenants. Efficient and economical to run. Nice Building 2 Units up and 2 units down. Great for someone to live and rent out, or investor for 4 great units in Pretty Shelburne.
Sold data
Homes in Shelburne took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 42 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $599,450.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 42 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Shelburne has 4 Fraser Institute–rated schools (3 elementary and 1 secondary), averaging 4.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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