5 Melrose Street, Amherst, NS (MLS® 202405777)

$199,900

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  • Status:For Sale
  • MLS® #:202405777
  • PID:25023698
  • Type:Triplex
  • Listing Price:$199,900
  • Last Updated:Apr. 8, 2024
  • Listing Date:Apr. 1, 2024
  • Days On Market:12
  • Title To Land:Estate Sale

Description

5 Melrose Street, Amherst, NS (MLS® 202405777): STUNNING TRI-PLEX IN AMHERST! This building is just a stone's throw from downtown Amherst, a block away from "Curry Park" and conveniently within walking distance to all levels of schools. The units are well-maintained, with much of the original charm and character throughout the building. An exceptional feature of this property is that each unit has its own electrical entrance and heating system, ensuring a consistent income stream every month! The upper unit, known as unit 5B, previously used as the owner's residence, is a delightful two-bedroom with laundry facilities and a bonus sunroom. This unit could easily fetch $1,000 per month, with tenants responsible for heat and electricity costs. On the main level, you'll find two spacious one-bedroom units, each occupied by long-term tenants. Unit 5 faces the front and currently leases for $550 per month, while unit 5A, situated at the rear of the property, rents for $500 per month. Both tenants are responsible for their own utility expenses. Be sure to explore the multimedia link for a closer look and don't hesitate to call today!

Listing Courtesy of: Royal LePage Cumberland Realty Ltd.

Features

  • Laundry

Community Features

  • Golf Course
  • Park
  • Playground
  • Recreation Center
  • Shopping
TypeName
Elementary SchoolSpring Street Academy
Middle SchoolE. B. Chandler Junior High School
High SchoolAmherst Regional High School