47 Spring Street, Amherst, (MLS® 202514280) REMAX NOVA
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47 Spring Street, Amherst

$222,000 For Sale

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 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. There are three electrical meters. One meter is for the upper unit, one is for the second level three bedroom and the third is for the two main level units. This property is ideal for investors looking to grow their rental portfolio in a desirable and convenient location.

Listing Details

Address
47 Spring Street, Amherst, B4H 1S1

Status
ACTIVE
Listing Price
$222,000
MLS®
202514280
Type
n/a
Style
---
PID
25031824

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Concrete,Stone
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Carpet,Hardwood,Laminate,Vinyl

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Garage & Parking

Garage
N
Details
---

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

435

Median Age

40.1

Avg Household Size

2.1

Avg House Income

$65K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $263,900 ---
2023 $192,000 ---
2022 $173,400 ---
2021 $167,000 ---
2020 $167,800 ---
2019 $180,400 ---
2018 $182,800 ---
2017 $184,800 ---
2016 $189,200 ---
2015 $183,500 ---
2014 $182,900 ---
2013 $177,600 ---
2012 $173,100 ---

Maps

Mortgage Inquiries

Last Updated On: 8/7/2025 1:29:33 PM (UTC)
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