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Renanza Realty
For sale

2-4 Queen Street Extension

Amherst, Nova Scotia

MLS® 202618644

$250,000

Status
Active
Property type
Multi-family
MLS® number
202618644
Bedrooms
Bathrooms
Year built

Listing description

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 summary

MLS® number
202618644
Property type
Multi-family
Building type
Duplex
Title
Freehold
Land size
0.1951 acres
Days on market
55 days

Features & details

Heating
Forced air, Oil, Furnace
Basement
Unfinished, Full
Flooring
Carpeted, Vinyl
Appliances
Washer, Refrigerator, Stove, Dryer
Community features
School Bus, Recreational Facilities

What would this home cost you?

Based on the $250,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,163 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Sutton Group Professional Realty, Halifax.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.