A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 47 Spring St, Amherst Nova Scotia B4H 1S1
5 days on Market

47 Spring St, Amherst, Nova Scotia B4H 1S1

Detached
8
-
- sqft
$240,000
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Detached
8
-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$1,031/mo

Tax Amount ()-

Days On Market5 days


Description

This centrally located fourplex in the heart of Amherst offers a fantastic investment opportunity within walking distance to schools, parks, and the downtown core. The building spans four levels and includes four self-contained units: one one-bedroom, two two-bedroom, and one three-bedroom apartment. The vacant two-bedroom unit at the rear entrance features a kitchen and living room on the main floor, with two bedrooms, a full bathroom, and the utility room in the basement. A second entry on the main level leads to an occupied one-bedroom unit currently rented for approximately $615 per month, with heat and electricity included. On the second floor, you'll find a spacious, occupied three-bedroom unit rented for $1,100 per month, with heat included. The third floor offers a vacant two-bedroom unit with laundry hookups, heated with electric baseboards. The main roof is estimated to be around 8 years old. The property has two electrical entrances and is heated by two forced-air furnaces-one serving the two main-level units, and the other dedicated to the second-floor unit-however there is only a single oil tank. This property is ideal for investors looking to grow their rental portfolio in a desirable and convenient location.


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number202514280
Community NameAmherst
Data SourceNSAR
Listing byRoyal LePage Cumberland Realty Ltd.

Features

Heating: Baseboard, Forced Air, Furnace
Basement: Full, Partially Finished

Property History

Jun 9, 2025
ListedActive
$240,000
5 days on market
history photo preview50
Listing by nsar®
Property listed by Royal LePage Cumberland Realty Ltd., Brokerage
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Market Data - Amherst

Geo Zone Map ThumbnailAmherst

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

151 days

Compared to

2024

77 days

2023

32 days

2022

15 days

New Listings

Past 30 days

21 listings

Compared to

2024

8 listings

2023

10 listings

2022

17 listings

Units sold

Past 30 days

10 units

Compared to

2024

6 units

2023

10 units

2022

11 units

Median Sold Price

Past 30 days

$365,000

Compared to

2024

$175,950

2023

$166,875

2022

$316,900


Population and Demographics

Overview

Total population 8406
Average household income $84,847

Age (%)

65 and plus
26%
50 to 64
22%
0 to 19
20%
35 to 49
17%
20 to 34
15%

Household composition (%)

Single family
57%
Single person
39%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
97%
French
1%
Others
1%

House tenancy (%)

Owners
57%
Renters
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget