5 Melrose Street, Amherst, NS

$199,900

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4

Beds

0.21

Acres

About 5 Melrose Street

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!

Features of 5 Melrose Street

MLS® # 202405777
Price $199,900
Bedrooms 4
Acres 0.21
Type Residential Income
Sub-Type Triplex
Status Closed
Date Sold May 15th, 2024

Community Information

Address 5 Melrose Street
Area Northern Region
District 101-Amherst, Brookdale, Warren
Sub-District N/A
City Amherst
County Cumberland
Province NS
Postal Code B4H 3M8

Amenities

Utilities Electricity Connected
Parking Gravel, Driveway
Is Waterfront No
Has Pool No

Interior

Appliances Stove, Refrigerator
Heating Baseboard, Hot Water, Radiator
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full, Unfinished

Exterior

Lot Description Under 0.5 Acres
Roof Asphalt
Construction Shingle Siding
Foundation Concrete Perimeter, Stone

School Information

Elementary Spring Street Academy
Middle E. B. Chandler Junior High School
High Amherst Regional High School

Additional Information

Zoning Res

Listing Details

OfficeRoyal LePage Cumberland Realty Ltd.

Listing Map