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$250,000

2-4 Queen Street Extension, Amherst, NS, B4H 1P8

MLS® # 202618644

None Beds

QuickQuoteTM: $213K - $260K

Amherst NS, B4H 1P8

MLS® # 202618644

Property Information:

Turnkey Income Property – Fully Rented Side-by-Side Duplex! An outstanding opportunity for investors to acquire a fully leased side-by-side duplex in the growing community of Amherst. Both units are currently rented at $1,250 per month plus utilities, generating $30,000 in annual gross rental income with tenants responsible for their own utility costs, providing immediate and reliable cash flow from day one. The side-by-side configuration offers greater privacy and tenant appeal compared to traditional over-under duplexes, contributing to long-term rental stability. Whether you're expanding your investment portfolio or purchasing your first income property, this property offers strong income potential with room for future appreciation. Conveniently located close to schools, parks, shopping, restaurants, grocery stores, healthcare facilities, and recreational amenities, the property also provides quick access to Amherst's downtown core and major transportation routes, making it an attractive location for tenants.

Property Features:

  • Built in: Y
  • Title to Land: Freehold

Courtesy of: Sutton Group Professional Realty

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

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Location of 2-4 Queen Street Extension, Amherst, NS, B4H 1P8

Demographic Information of 2-4 Queen Street Extension, Amherst, NS, B4H 1P8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$70,823.56

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.75 %

High school certificate or equivalent

38.58 %

Apprenticeship trade certificate/diploma

8.0 %

College/non-university certificate

18.46 %

University Degree

6.2 %

Commuter

Travel To Work

By Car

79.84 %

By Public Transit

0.0 %

By Walking

12.33 %

By Bicycle

0.0 %

By Other Methods

7.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.37 %

Houses

70.63 %

Own Vs. Rent