Overview

Property Type 5-8 Units

Description

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!

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Neighborhood Information

Amherst, NS

Amherst is a small town located in Cumberland County, Nova Scotia, Canada. Despite its size, the town brims with historical charm and a thriving local community. Dating back to the 18th century, Amherst boasts grand Victorian and Edwardian buildings that add character to the town's landscape. Surrounded by marshland and rolling farmland, the town offers a peaceful retreat from the hustle and bustle of city life.

The town is also home to several attractions, including the Cumberland County Museum and Archives, and the Nova Scotia Highlanders Regimental Museum. It's a great place for those who love to explore nature, with nearby attractions like the Tidnish Dock Provincial Park and the Amherst Point Bird Sanctuary.

However, being a small town, it may not offer the same level of amenities and opportunities as larger cities. The cost of living is relatively lower, but so are the wages. Despite these drawbacks, the community is welcoming and the quality of life is generally high.

City Score
65

Compared to other cities in Canada, Amherst offers a slower pace of life and a close-knit community. The cost of living is lower, but it may lack certain amenities and opportunities. It scores a 65 out of 100 for desirability.

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School Score
70

Amherst's schools offer quality education and a good student to teacher ratio. They may not have as many resources as schools in larger cities, but they still provide a solid education. The schools here score a 70 out of 100.

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Entertainment Score
60

While entertainment options may be limited, Amherst does host several events throughout the year, including the Amherst Winter Carnival and the Nova Scotia Summer Fest. The town also has a few local pubs and restaurants. The entertainment score is 60 out of 100.

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Activity Score
75

Outdoor activities are abundant in and around Amherst, with bird watching at Amherst Point Bird Sanctuary, hiking at Tidnish Dock Provincial Park, and fishing in the surrounding areas. The outdoor activities score is 75 out of 100.

Walk Score - 77%

About Your Relator®

Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.

Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.

With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.

With Jessica Mugford, you can expect nothing less than a professional, tailored approach.


Phone: (902) 322-1684

Email: jessicamugford@remax.net

Office: Sydney

Similar Properties

Properties within the same area, priced within 20% of the listing will be evaluated on several key factors including the number of bathrooms, bedrooms, additional features, and price per square foot and several other factors. Using these comprehensive comparisons, we derive a Similarity Score to help you find the best match.

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Property Details

On Market Date2026-09-22T16:10:54.1
StatusACTIVE
Price$329,900.00
Year Built1950
NeighborhoodNorthern Region
LocationLat: 45.828086, Lng: -64.209028
Square Feet0.00
Lot Size8,712.00
Parking FeaturesPaved, multiple parking spots.
AppliancesStove,Dryer,Washer,Refrigerator
HeatingBaseboard,Forced Air,Furnace,Heat Pump -Ductless
CoolingBaseboard,Forced Air,Furnace,Heat Pump -Ductless
SewerMunicipal
RoofAsphalt Shingle,Metal
FlooringCarpet,Hardwood,Laminate,Vinyl
Lot Features8712
Community FeaturesGolf Course,Park,Playground,Recreation Center,Shopping
Association Fee0.00
Listing Office Name333
Listing AgentCody Jacklin
Listing Agent Contactcjacklin11@gmail.com
MLS®202624024
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice.
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.