Turnkey investment opportunity in the heart of downtown Amherst. This renovated up-and-down duplex offers two spacious 2 bedroom units, making it an ideal addition to any rental portfolio or a smart option for an owner occupier looking to offset their mortgage with rental income. Both units have seen updates and are well laid out, offering generous room sizes and functional floor plans. Each unit is equipped with its own mini split heat pump for efficient heating and cooling, a major bonus for both tenants and long-term operating costs. Even better, both units are separately metered with tenants responsible for their own utilities, helping keep expenses low and cash flow predictable. The main floor unit is currently rented at $1,325/month, while the upper unit was 1,200/month but has been left vacant to give the next owner flexibility, whether that means selecting their own tenant or moving in themselves. Based on current rents, the property offers a gross annual income of $30,300. Located in downtown Amherst, this property is within walking distance to shops, restaurants, and everyday amenities, making it an attractive option for tenants and owners alike. Whether you are looking to expand your portfolio or step into your first income property, this renovated duplex offers strong numbers and low overhead. (id:4069)
Address
14 Prince Arthur Street
List Price
$218,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Nova Scotia
Sub-Area
Amherst
Lot Size
0.0826 Sq. Ft.
MLS® Number
202608978
Listing Brokerage
Coldwell Banker Performance Realty
Basement Area
Full (Unfinished)
Postal Code
B4H1V4
