Diamond Manor Apartment

address icon 504 Andrew Street Shelburne Ontario

FEATURED For Sale Date icon Apr 18, 2025

Description

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.

General info

  • MLS Listing ID X12061421

  • Bedrooms 8

  • Bathrooms 4

  • Year built 0

  • Parking No Garage

  • Heating Baseboard heaters

  • Cooling Type Wall unit

  • Basement Full (Finished)

Location

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