127 Victoria Street E (MLS® 202313646)

Amherst, NS, B4H 1X9

Summary

MLS ®:
 202313646
Price:
 $379,900
Status:
 Pending
District:
 101
Zoning:
 Res/Comm
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 66459.60
Approx. Net Income:
 43195.60
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 23264
Maintenance Expense:
 3000
Snow & Garbage Expense:
 Snow-600, Garbage-1680
Water & Sewage Expense:
 820
Insurance Expense:
 3164
Tax Costs:
 5200
Electricity Bill:
 1600
Heating Bill:
 7200
Expense Details:
Call 902-499-7886

Property Overview

127 Victoria Street E, Amherst (MLS® 202313646): FANTASIC INCOME INVESTMENT! Located in the beautiful downtown of Amherst surrounded buy centuries of history. This property currently has two commercial leases on the main floor feature two thriving independent store fronts, the second and third floor houses four residential leases. MAIN FLOOR - Unit 125 is a commercial lease space with over 1150 square feet of space, front & back entrances, large window display, updated electrical & lighting (2021), new flooring and paint, and commercial heat pump (2022). Unit 127 is a commercial lease space with over 752 square feet of space, large window display, front & back entrances, updated electrical & lighting (2021), and commercial heat pump (2022). SECOND FLOOR – Unit 1 is a bachelor apartment with eat-in kitchen, living room, den/office, and full bathroom. Unit 2 has a mudroom, full bathroom, eat-in kitchen, living room, bedroom, and a den/office. This unit had a $6000 renovation in 2019. THIRD FLOOR - This floor has two 1-bedroom apartments with, mudroom, bathroom, eat-in kitchen, bedroom, and spacious living room. Other recent updates include: top roof & boiler replaced (2009), back roof, indirect hot water heater (2016), 2nd floor front windows, unit 127 bathroom and cabinetry, flashing on rear roof (2019), new heating zones for boiler, roof on garage (2020), new thermostatic controls for units 1, 2, 125 and 127 (2021), exterior commercial façade repaired and repainted (2022). Be sure to check out the 3D Tour and floor plans for more details. Call to book your viewing today!

Listing Courtesy of: RE/MAX County Line Realty Ltd.

Directions

https://goo.gl/maps/YszVVSZ1RMdA3Gjq5

Building Specs.

Building Dimensions:
40x58
Foundation Type:
Stone
Roof Material:
Rolled
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Laminate, Vinyl
Heating & Cooling:
Baseboard, Heat Pump -Ductless, Hot Water, Radiator
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
Detached Single
Parking:
8 parking spaces
Driveway/Parking:
Paved

Community Features

Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship

Schools

Elem. School: Spring Street Academy
Elem. School (French Imm.): Spring Street Academy P-4
Mid. School: E. B. Chandler Junior High School
Mid. School (French Imm.): E.B. Chandler Junior High 7-8
High School: Amherst Regional High School
High School (French Imm.): Amherst Regional High 9-12

Rental Equipment

None

Map

Contact Agent


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