Quick Summary
Quick Summary
- Fully renovated former motel with 11 units
- Updated electrical and plumbing throughout
- Paved parking lot and fronts main thoroughfare
- Additional rented office space for hair salon
- Recent utility upgrades improved profitability
- Fully occupied, low maintenance property
This former motel has been converted between 2014 and 2017 into 11 one bedroom and one bachelor unit. At that time, electrical and plumbing were updated throughout. It is always full and is low maintenance. It has a paved parking lot and fronts Water Street, one of the main thoroughfares of Shelburne. There is also an additional office... Show More
This former motel has been converted between 2014 and 2017 into 11 one bedroom and one bachelor unit. At that time, electrical and plumbing were updated throughout. It is always full and is low maintenance. It has a paved parking lot and fronts Water Street, one of the main thoroughfares of Shelburne. There is also an additional office space that is currently rented by a hair salon. In the last year, the owner has performed more upgrades to renovate the salon and the tenants have been converted to pay their own utilities except for two units. This has made a significant positive impact to the bottom line (id:54626)
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