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53 Spring Street, Amherst, NS, B4H 1S3

MLS® # 202503032
House For Sale In Amherst, Nova Scotia
$189,900 QuickQuoteTM: $156K - $190K
53 Spring Street, Amherst, NS
53 Spring Street, Amherst, NS
53 Spring Street, Amherst, NS
53 Spring Street, Amherst, NS
53 Spring Street, Amherst, NS
53 Spring Street, Amherst, NS
Home Insurance - TD Insurance
Get a home insurance quote online for this $189,900 property in Amherst
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $189,900 property in Amherst

Provided by TD Insurance

53 Spring Street, Amherst, NS, B4H 1S3
$189,900

Property Information:

SELLER IS WILLING TO CONTRIBUTE TOWARD THE DEED TRANSER TAX FOR OUT-OF-PROVINCE BUYERS! This three-unit building in Amherst has a great rental history. Ideally situated within walking distance to schools at all levels and the amenities of downtown, this property offers convenience and accessibility. The building features two spacious one-bedroom units and a two-storey, two-bedroom unit. All units include heat and electricity in the rent. Unit A, the two-bedroom apartment, is accessed from the front of the building and offers a sun porch, a cozy living room, an eat-in kitchen, a full bath with laundry, and two generously sized bedrooms on the second level. Currently leased to a long-term tenant, Unit A brings in $892.50 per month. Unit B, a one-bedroom apartment on the second level, is located above the lower one-bedroom unit and is accessed from the side of the building. It includes a kitchen, a full bath, a spacious bedroom, and a living room. This unit currently rents for $840 per month. Unit C, a fully renovated one-bedroom apartment on the main level, is accessed from the driveway. It features a large eat-in kitchen with laundry, a full bath, a spacious bedroom, and a comfortable living room. This unit is currently rented for $1,400 per month. Recent updates to the building include a portion of the roof being re-shingled and an upgraded heating system. The property also includes a detached garage with a concrete floor and a nice backyard. This building is under contract with property management and has a net operating income (NOI) of approximately $21,596 and there is potential for increased rental income, particularly with two units currently renting below market value. This is an opportunity for investors seeking a solid rental property with future upside!

Property Features:

  • Built in: Y
  • Title to Land: Freehold

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Location of 53 Spring Street, Amherst, NS, B4H 1S3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

39 hot days expected in 2050

53/100

Moderate

ClimateCheck®

Current data

This property, 53 Spring Street , experiences 7 hot days per year at around 27.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 30.6 degrees Celsius.

Projected Avg. Temperature

Past
27.3℃
2050
30.6℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

75/100

Moderate-High

ClimateCheck®

Current data

This property, 53 Spring Street , experiences 11 significant 2-day storms per year, with about 383mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 489.5mm of precipitation per year.

Precipitation Per Storm

Past
383mm
2050
489.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 53 Spring Street, Amherst, NS, B4H 1S3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,104.19

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.34 %

High school certificate or equivalent

29.58 %

Apprenticeship trade certificate/diploma

8.57 %

College/non-university certificate

24.78 %

University certificate (below bachelor)

0.38 %

University Degree

16.35 %

Commuter

Travel To Work

By Car

93.61 %

By Public Transit

0.0 %

By Walking

5.07 %

By Bicycle

0.0 %

By Other Methods

1.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.03 %

Houses

78.97 %

Own Vs. Rent

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