5 Melrose Street (MLS® 202405777)

Amherst, NS, B4H 3M8

Summary

MLS ®:
 202405777
Price:
 $199,900
Status:
 Pending
District:
 101
Zoning:
 Res
Property Type:
 Triplex
Title To Land:
 Estate Sale

Income

Approx. Total Income:
 24600
Approx. Net Income:
 18330
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 6271
Water & Sewage Expense:
 1000
Insurance Expense:
 2500
Tax Costs:
 2771
Expense Details:
Call 902-499-7886

Property Overview

5 Melrose Street, Amherst (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.

Directions

Off of Havelock Street onto Agnew Street. Turn right onto Melrose, home is on the right.

Building Specs.

Building Dimensions:
Irregular
Foundation Type:
Concrete, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Wood Shingles
Flooring Type:
Carpet, Hardwood, Laminate, Linoleum
Heating & Cooling:
Baseboard, Hot Water, Radiator
Water:
Municipal
Sewage:
Municipal
Title:
Estate Sale

Garage & Parking

Garage:
No
Parking:
Two Driveways.
Driveway/Parking:
Gravel, Multiple Driveways

Features

Laundry

Community Features

Golf Course, Park, Playground, Recreation Center, Shopping

Schools

Elem. School: Spring Street Academy
Mid. School: E. B. Chandler Junior High School
High School: Amherst Regional High School

Rental Equipment

None

Map

Contact Agent


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