504 ANDREW STREET, Shelburne

$1,699,999

For sale: Multiplex

Property type: Multi-family
Bedrooms / bathrooms: 8 bedrooms, 4 bathrooms
Living area: 2,000 sqft
MLS number: MLS® X13112900
Neighbourhood: Shelburne

Multiplex at 504 ANDREW STREET, Shelburne

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.