14 Spring Street, Amherst

14 Spring Street, Amherst, NS B4H1R5 Photo 1

3 Photos

14 Spring Street, Amherst, NS B4H1R5 Photo 2
14 Spring Street, Amherst, NS B4H1R5 Photo 3
  • MLS®: 202407284
  • Type: Multifamily
  • Added: 35 days ago
  • Type: Multifamily
  • Listed by: Point2

Property Details

Great 5 unit building which has 4 residentail units & 1 commercial space on a very high traffic corner lot. Would be a great location for your business with an income from the other 4 units. Come take a look for yourself.

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Features

  • Roof: Asphalt Shingle
  • Other: Community Features: Golf Course, Park, Recreation Center, School Bus Service, Shopping, Place of Worship, Beach, Foundation: Concrete, Stone, 1 One Bedroom, 3 Two Bedroom, 4 Occupied, Rental Income: 4000/month, Approximate Total Income: 48,000/year, Insurance Expense: 2223, Water and Sewage Expense: 800, Snow and Garbage Expense: 400, Heating Bill: 3900, Electricity Bill: 480, Taxes Costs: 4419, Approximate Total Expenses: 12222, Approximate Net Income: 35778
  • Heating: Electric, Oil, Baseboard, Forced Air, Furnace, Heat Pump -Ductless
  • Appliances: 3 Stoves, 4 Fridges, 2 Microwaves, 4 Washers, 4 Dryers
  • Interior Features: Flooring: Carpet, Concrete, Laminate, Vinyl
  • Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Municipal

Nearby Places

Name Type Address Distance
Lochlomond Tenting & Trailer Park Campground Amherst 0.2 km
Amherst railway station It is operated by Via Rail... 0.4 km
Bambino's Pizzeria & Fine Foods Restaurant 12 Prince Arthur St 0.5 km
Cumberland County Museum & Archives Museum 150 Church St 0.6 km
Tim Hortons Cafe 55 Victoria St E 0.7 km
West Highlands School School 36 Hickman St 0.7 km
Cumberland North Academy School 879 Hwy 204 0.7 km
Amherst Stadium It is home to the Amherst Ramblers Ice hockey team... 0.7 km
Amherst Stadium Stadium 185 Church St 0.7 km
Bella's Cafe and Bistro Cafe 117 Victoria St E 0.8 km
Amherst Internment Camp It was the largest prisoner-of-war (POW) camp in C... 1.0 km
E. B. Chandler Junior High School School 28 Dickey St 1.0 km
Similar Multifamilys Stat in Amherst
We have found 5 Multifamily that closely match the specifications of the property located at 14 Spring Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 309,900 and 589,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Multifamily in the B4H1R5 postal code area of Amherst Nova Scotia Canada.
14 Spring Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 14 Spring Street. The current price of the property is $425,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $340,000. This would result in a monthly mortgage payment of $1,987 over a 25-year amortization period.
Comparison of 14 Spring Street, Amherst, NS with Nearby Multifamilys
Nearby Cities Listings Avg. price
Stratford 78 $542.801
Dieppe 119 $710.143
Moncton 311 $511.866
Shediac 86 $568.792
Summerside 116 $394.766
Charlottetown 179 $520.690
Brighton 102 $665.746
Halifax 165 $934.656
Popular Cities Listings Avg. price
Ottawa 2030 $894.424
St John S 363 $576.282
Kawartha Lakes 487 $935.359
Oshawa 415 $1.042.790
Whitby 324 $1.213.950
Fort Erie 367 $901.232
Other 1397 $992.161
Markham 517 $1.386.727
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