$ 329,900
14 Spring Street
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14 Spring Street, Amherst

This mixed-use building is centrally located on the corner of Spring and Albion in the heart of Amherst, within walking distance of downtown shops, restaurants, banks, and Schools! The Albion side sits on the main route toward grocery stores, fast food, gas stations, and more! The property includes four self contained residential units and one commercial/retail space. The apartments consist of three two-bedroom units and one one-bedroom unit, each with a full bathroom, fridge and stove, in-unit laundry, and paved parking. Unit A is currently rented for $1,450 per month, with heat and electricity included. Unit B rents for $1,000 per month plus utilities. Unit 1/2 rents for $650 per month plus utilities. Unit C rents for $800 per month plus electricity. All four residential units are occupied. Combined, the apartments generate $46,800 in annual gross income, with an approximate net of $32,000. The fifth unit is the opportunity. Off Albion, a vacant commercial/retail space of over 1,000 square feet offers open main-floor area, its own washroom, a separate entrance, and additional unfinished space upstairs. This side has its own parking, with about four extra paved stalls. The space is presently used as storage; it previously housed a longstanding business. Work has already been completed on the building, with room still to improve and a clear path to add a fifth income stream. This property is ideal for investors looking to grow a rental portfolio in a convenient downtown location, with solid residential income in place and a storefront waiting to go back to work! (id:1945)
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Property details for 14 Spring Street, Amherst

Type
Multi-family
Lot Size
0.2
Basement
Unfinished, Full
Parking
Paved Yard, Parking Space(s)
Heating
Heat Pump, Baseboard heaters, Forced air, Oil, Electric, Ductless, Furnace
Exterior
Vinyl
Ownership
Freehold

Nearby Listings Stat

Estimated price and comparable properties near 14 Spring Street

Active Listings
69
Min Price
$50,000
Max Price
$899,000
Avg Price
$271,416
Days on Market
94
days
Sold Listings
13
Min Sold Price
$119,900
Max Sold Price
$499,900
Avg Sold Price
$282,985
Days until Sold
135
days

Neighbourhood Census Data

Amherst, Nova Scotia / Nouvelle-Écosse

Population
478
Median Age
35.8
Median Income
$20,352
Dwelling Value
$100,284

Housing Tenure

Owners 31%
Renters 69%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 2,301.4/km²
Avg Shelter Cost: $883/mo
Owners with Mortgage: 73.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 53.1%
English only: 94.8%
English and French: 6.3%
Median Household Income: $29,504
Median Employment Income: $18,965

Price History

Listed
September 22, 2026
by Royal LePage Cumberland Realty Ltd.
Current Price
$329,900
Type
Multi-family
For Sale
14 Spring Street

Contact Agent Get in touch about 14 Spring Street, Amherst

Cody Jacklin
Cody Jacklin
Royal LePage Cumberland Realty Ltd.

Similar Other near 14 Spring Street, Amherst, NS B4H1R5

Comparison of 14 Spring Street, Amherst, NS with Nearby Other
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