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- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202422733
- Photos (7)
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What a great opportunity to jump into the rental market, or to add to your existing portfolio! Three buildings here, all side by side on Erncliffe Street in Amherst giving 8 units in total, PLUS two vacant lots for further development. Units consist of 5 one beds and 3 two beds. Great location, close to the downtown core for ease of getting around. Good numbers here, let's go take a look!
- Listing Sub-Area:
- 101-Amherst, Brookdale, Warren
- Property Type:
- Multi-Family
- Multi-Family Type:
- 5 - 8 Unit
- Title To Land:
- Freehold
- Building Dimenions:
- 24x36 + 28x38 + 38x42
- Outside Dimenions:
- 24x36 + 28x38 + 38x42
- Lot Size:
- 0.505 acre(s)
- Prop Size:
- 0.5 to 0.99 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 8
- # Floors:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Block, Stone
- New Constr.:
- No
- Basement:
- Full, Undeveloped
- Floor Finish:
- Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Furnace, Hot Water
- Fuel:
- Natural Gas
- Garage Description:
- None
- Parking:
- Yes
- Parking Description:
- Ample Parking for Units
- Driveway:
- Parking Spaces(s), Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 98/month
- Sewer:
- Municipal
- Num Units:
- 8
- Num 1 Bed Units:
- 5
- Num 3 Bed Units:
- 3
- # Of Dryers:
- 7
- # Of Fridges:
- 8
- # Of Stoves:
- 8
- # Of Washers:
- 7
- Rental Income:
- Yes, 7205.50/monthly
- Laundry Income:
- 0
- Other Income:
- 0
- Approx. Net Income:
- 4846.08/month $ 58152.96/year
- Insurance Expense:
- 376.42/month
- Taxes Costs:
- 520/month
- Betterment Charges:
- Deed Transfer Tax
- Heating Bill:
- 63/month
- Electricity Bill:
- 51.25/month
- Approx. Total Expense:
- 2359.42/month
- Approx. Total Income:
- 7205.50/monthly
- Golf Course, Park, Playground, Recreation Center, Shopping
- None
- No
- Assessment:
- 577300.0
- Assessment Year:
- 2024
- Zoning:
- Residential
- Possession Info:
- Negotiable
- Elementary School:
- West Highlands Elementary School
- High School:
- Amherst Regional High School
- Middle School:
- E. B. Chandler Junior High Schoo
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Listed by Royal LePage Cumberland Realty Ltd.
Data was last updated December 5, 2024 at 05:20 AM (UTC)
Area Statistics
- Listings on market:
- 74
- Avg list price:
- $339,900
- Min list price:
- $70,000
- Max list price:
- $2,900,000
- Avg days on market:
- 65
- Min days on market:
- 2
- Max days on market:
- 693
These statistics are generated based on the current listing's property type
and located in
Northern Region. Average values are
derived using median calculations.
- JF MACIVOR
- PROPERTIES & APPRAISALS LTD
- 1 (902) 755-4250
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