CANSAmherst53 Spring St
53 Spring St, Home with 4 bedrooms, 0 bathrooms and 2 parking in Amherst NS | Image 1
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$174,900

53 Spring St, Amherst, NS

Real Estate

For Sale

$--,---,---
402
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 23
Lot Size 
Approx. Age 
MLS® Number 202521601

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This three-unit building in Amherst has a great rental history. Ideally situated within walking distance to schools at all levels and the amenities of downtown, this property offers convenience and accessibility. The building features two spacious one-bedroom units and a two-storey, two-bedroom unit. All units include heat and electricity in the rent. Unit A, the two-bedroom apartment, is accessed from the front of the building and offers a sun porch, a cozy living room, an eat-in kitchen, a full bath with laundry, and two generously sized bedrooms on the second level. Currently leased to a long-term tenant, Unit A brings in $892.50 per month. Unit B, a one-bedroom apartment on the second level, is located above the lower one-bedroom unit and is accessed from the side of the building. It includes a kitchen, a full bath, a spacious bedroom, and a living room. This unit currently rents for $840 per month. Unit C, a fully renovated one-bedroom apartment on the main level, is accessed from the driveway. It features a large eat-in kitchen with laundry, a full bath, a spacious bedroom, and a comfortable living room. This unit is currently rented for $1, 400 per month. Recent updates to the building include a portion of the roof being re-shingled and an upgraded heating system. The property also includes a detached garage with a concrete floor and a nice backyard. This building is under contract with property management and has a net operating income (NOI) of approximately $21, 596 and there is potential for increased rental income, particularly with two units currently renting below market value. This is an opportunity for investors seeking a solid rental property with future upside!Show Description
MLS® Number202521601
Laundry LevelLaundry
Central VacNo
FireplaceNo
Acreage0.1685
Exterior
GarageYes
Approx. Age
BasementFull, Unfinished
DrivewayDouble, Gravel
Garage Spaces
HeatForced Air, Furnace
A/C
Heating Fuel

Extras

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