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 |
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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 |
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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 |
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Parking | Gravel, Driveway |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Stove, Refrigerator |
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Heating | Baseboard, Hot Water, Radiator |
Fireplace | No |
# of Stories | 2 |
Has Basement | Yes |
Basement | Full, Unfinished |
Exterior
Lot Description | Under 0.5 Acres |
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Roof | Asphalt |
Construction | Shingle Siding |
Foundation | Concrete Perimeter, Stone |
School Information
Elementary | Spring Street Academy |
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Middle | E. B. Chandler Junior High School |
High | Amherst Regional High School |
Additional Information
Zoning | Res |
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Listing Details
Office | Royal LePage Cumberland Realty Ltd. |
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