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14 Spring Street, Amherst

$329,900

For sale in Amherst, Nova Scotia

5-8 Units

14 Spring Street, Amherst is a 5-8 units home for sale at $329,900 in Amherst, Nova Scotia. View photos, lot details, and listing information on Acres.

About 14 Spring Street, Amherst

This mixed-use building is centrally located on the corner of Spring and Albion in the heart of Amherst, within walking distance of downtown shops, restaurants, banks, and Schools! The Albion side sits on the main route toward grocery stores, fast food, gas stations, and more! The property includes four self contained residential units and one commercial/retail space. The apartments consist of three two-bedroom units and one one-bedroom unit, each with a full bathroom, fridge and stove, in-unit laundry, and paved parking. Unit A is currently rented for $1,450 per month, with heat and electricity included. Unit B rents for $1,000 per month plus utilities. Unit 1/2 rents for $650 per month plus utilities. Unit C rents for $800 per month plus electricity. All four residential units are occupied. Combined, the apartments generate $46,800 in annual gross income, with an approximate net of $32,000. The fifth unit is the opportunity. Off Albion, a vacant commercial/retail space of over 1,000 square feet offers open main-floor area, its own washroom, a separate entrance, and additional unfinished space upstairs. This side has its own parking, with about four extra paved stalls. The space is presently used as storage; it previously housed a longstanding business. Work has already been completed on the building, with room still to improve and a clear path to add a fifth income stream. This property is ideal for investors looking to grow a rental portfolio in a convenient downtown location, with solid residential income in place and a storefront waiting to go back to work!

Property Details

Address
14 Spring Street, Amherst
City
Amherst
Province
Nova Scotia
Property ID
25075342
Type
5-8 Units
Building Dimensions
29.5 x 30 + 58 x 54 + 16 x 29
Age
76 years

Parking & Features

Has Garage
No
Parking
paved, multiple parking spots.
Waterfront
No

Appliances & Inclusions

Appliances Included
Dryer, Refrigerator, Stove, Washer
Inclusions
Appliances owned by the building.

Additional Information

Listed By
Royal Lepage Cumberland Realty Ltd.
Status
FOR SALE
Listed
September 21, 2026
Original listing
View source listing