Very unique income property. 3 large houses in one structure in central Amherst and close to schools. This property is very well maintained and features a metal roof. The property has 7 apartment units plus a boarding house on the 3rd floor. The boarding house has 6 rooms with each tenant paying $600 (utilities included). The apartments are a mix of 2 and 3 bedroom units in which the tenants pay their own power. The owner occupied unit has beautiful hardwood flooring and trim along with some extra ornate features. It also boasts an ensuite bath and beautiful kitchen. The wrap around verandah is a building feature that is sure to please in the summer months.
https://maps.app.goo.gl/6qCAJp5832pu6cuW7
Listing Sub-Area:
101-Amherst, Brookdale, Warren
Property Type:
Multi-Family
Multi-Family Type:
Over 12 Units
Title To Land:
Freehold
Building Dimenions:
104x40+21x43
Lot Size:
10,799 sq. ft.1,003 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
11
# Floors:
3
Exterior Finish:
Wood Siding
Foundation:
Stone
Basement:
Full
Floor Finish:
Hardwood
Roof:
Metal
Heating:
Furnace, Radiator
Fuel:
Oil
Driveway:
Parking Spaces(s), Paved
Water Supply:
Municipal
Water And Sewage:
see other
Sewer:
Municipal
Num Units:
13
Num Bachelor Units:
6
Num 2 Bed Units:
6
Num 3 Bed Units:
1
# Of Fridges:
8
# Of Stoves:
8
Rental Income:
Yes, 117590
Laundry Income:
1200 approx
Approx. Net Income:
72305
Insurance Expense:
3474
Taxes Costs:
4472
Other Costs:
32429
Management expense:
4910
Heating Bill:
see other
Approx. Total Expense:
45285
Approx. Total Income:
119590
Balcony
Golf Course, Park, Playground, Recreation Center, Shopping, Place of Worship
Data was last updated February 22, 2025 at 03:20 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$359,900
Min list price:
$199,900
Max list price:
$759,900
Avg days on market:
34
Min days on market:
4
Max days on market:
302
These statistics are generated based on the current listing's property type
and located in
101-Amherst, Brookdale, Warren. Average values are
derived using median calculations.