3 Robie Street
101-Amherst, Brookdale, Warren
Amherst
B4H 2C5
$1,490,000
Multi-Family
built: 2008
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202525732
- Year Built:
- 2008
- Photos (41)
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OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF AMHERST! This 17-year-old gathering hall has been extensively and thoughtfully renovated by one of the area’s most reputable and creative developers, transforming it into eight brand-new, ultra efficient rental units right in the center of town. All units are ground level, easily accessible, and within walking distance of Amherst’s downtown core. Everything is new-from the metal roof, double insulation in attic, triple-pane vinyl windows and interior walls insulated beyond code to the plumbing and waste lines leading to the street-offering true peace of mind for years to come. There is even a five-year warranty on all of the brand new appliances! This property would make an excellent addition to any investor’s portfolio, especially for those seeking a low-maintenance, turnkey opportunity. The layout includes four one-bedroom units (with Unit 5 being wheelchair accessible as shown in listing photos) currently renting for $1,150 per month, two two-bedroom units renting for $1,450 per month, and two three-bedroom units renting for $1,650 per month. All units are heated with electric baseboards and ductless heat pumps, with heating costs included in the rent. The projected net operating income is $105,106 annually, based on full occupancy and excluding a management fee, as the current owner is managing the building. If you’ve ever considered owning rental property but were hesitant about construction or unexpected repair costs, this is the perfect opportunity. Amherst has a strong rental market with an exceptionally low vacancy rate, making this property a smart and stable investment. Take the time to view this one in person-you won’t be disappointed!
- Off Church Street onto Robie. Property is located directly behind the funeral home.
- Listing Sub-Area:
- 101-Amherst, Brookdale, Warren
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 50x100
- Lot Size:
- 9,779 sq. ft.909 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 8
- Year built:
- 2008 (Age: 17)
- Age:
- 17
- # Floors:
- 1
- Exterior Finish:
- Vinyl
- Foundation:
- Perimeter Wall, Slab
- Basement:
- None
- Floor Finish:
- Vinyl Plank
- Roof:
- Metal
- Heating:
- Baseboard, Heat Pump -Ductless
- Fuel:
- Electric
- Parking:
- Yes
- Parking Description:
- 1 Space for each unit.
- Driveway:
- Parking Spaces(s), Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 2000
- Sewer:
- Municipal
- Num Units:
- 8
- Num 1 Bed Units:
- 4
- Num 2 Bed Units:
- 2
- Num 3 Bed Units:
- 2
- # Of Fridges:
- 8
- # Of Stoves:
- 8
- # Of Washers:
- 8
- Rental Income:
- Yes, 129,600
- Approx. Net Income:
- 105,106
- Insurance Expense:
- 3739
- Taxes Costs:
- 6755
- Snow / Garbage Collection:
- 5000
- Electricity Bill:
- 7000
- Approx. Total Income:
- 129,600
- Laundry, Wheelchair Access
- Golf Course, Park, Playground, Recreation Center, Shopping
- Stove, Washer/Dryer Combo, Refrigerator
- None
- Deck
- No
- Zoning:
- General Residential
- Possession Info:
- Negotiable
- Elementary School:
- Spring Street Academy
- High School:
- Amherst Regional High School
- Middle School:
- E. B. Chandler Junior High Schoo
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3 Robie Street
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Front Of Structure
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Front Of Structure
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Aerial View
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Side Of Structure
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Front Of Structure
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Side Of Structure
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Aerial View
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Aerial View
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Side Of Structure
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Back Of Structure
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Side Of Structure
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Back Of Structure
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Aerial View
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Downtown Amherst
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Aerial View
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Aerial View
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Aerial View
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Aerial View
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Aerial View
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Aerial View
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Floor Plan
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Aerial View
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Map
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Map
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Front Entrance
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Entry
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Main Corridor
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Hallway
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Apartment #5
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Accessible Unit
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Kitchen
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Hallway
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Living/Dining
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Laundry
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Bathroom
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Bathroom
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Laundry
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Bedroom
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Bedroom
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Utility Room
Larger map options:
Listed by Royal LePage Cumberland Realty Ltd.
Data was last updated October 21, 2025 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 74
- Avg list price:
- $364,500
- Min list price:
- $59,900
- Max list price:
- $3,800,000
- Avg days on market:
- 85
- Min days on market:
- 5
- Max days on market:
- 1,013
These statistics are generated based on the current listing's property type
and located in
Northern Region. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- JF MACIVOR
- PROPERTIES & APPRAISALS LTD
- 1 (902) 755-4250
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