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Residential Income For Sale

0.22 Acre - 3 Robie Street, Amherst, NS B4H 2C5

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Property Description

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!

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202525732
Price : C$1490000
Bedrooms : 14
Year Built : 2008
Lot Area : 0.22 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Multi Family
Roof : Metal
Features
Heating System : Baseboard, Ductless
Basement : None
Patio : Deck
Parking : Paved, Parking Spaces(s)
Utilities : Electricity Connected
Sewer : Municipal
Laundry Features : Laundry
Flooring : Vinyl Plank
Appliances
Appliances : Refrigerator, Washer, Washer/Dryer, Stove
Address Map
Location Text : 3 Robie Street, Amherst, NS B4H 2C5
County : Cumberland
City : Amherst
Postal Code : B4H 2C5
Street : Robie
Street Number : 3
Street Suffix : Street
Longitude : W65° 47' 34.9''
Latitude : N45° 49' 53.8''
Directions : Off Church Street onto Robie. Property is located directly behind the funeral home.
Mls Area Major : 101-Amherst, Brookdale, Warren
Zoning : General Residential
Neighborhood
Middle School : E. B. Chandler Junior High School
High School : Amherst Regional High School
Elementary School : Spring Street Academy
Property Details
Price Per SQFT : $ 0
Search Price : $ 0
Office Name : Royal LePage Cumberland Realty Ltd.
Agent Name : Tony Mitchell
Sales History
Previous Price : $ 0
Original Price : $ 0
Selling Price : $ 0
Neighborhood Details
:
Additional Information
Water Source : Municipal
Stories : 1
Number Of Units Total : 8
Accessibility Features : Wheelchair Access
Lot Features : Under 0.5 Acres
Foundation Details : Slab, Perimeter Wall
Construction Materials : Vinyl Siding
Community Features : Park, Playground, Golf, Recreation Center, Shopping
Listing Information
List Agent Mls Id : N100621
List Office Mls Id : N7316
Mls Status : ACTIVE
Modification Timestamp : 2025-10-14T15:58:34Z
Originating System Name : NSAR
Residential Income For Sale
  • Listing ID : 202525732
  • Bedrooms : 14
  • Lot Area : 0.22 Acre
  • Visits : 1 in 26 days
C$1490000
Agent info
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