
Vacant Land For Sale
$259,000
MLS® Number: 202602958
Land Size
0.97
Vacant Land For Sale
$259,000
Land Size
0.97
8 Smith Street, Amherst, Nova Scotia
About This Property
Fantastic development opportunity in Amherst. This property comes with an approved Development agreement allowing for the construction of Two 12 unit apartment buildings for a total of 24 residential units. It's an excellent option for builders or investors looking to take on a multifamily project in a strong rental market with steady demand for quality housing. Municipal water and sewer services are available, and the Development Agreement along with rough building layouts can be provided for review. With the DA already in place, a buyer can move forward without the hassle of going through the development Agreement process, saving significant time and uncertainty. The site offers a clear path for planning and design, with a buyer's preferred approach.
Property Details
Building & Exterior
Parking Features
None
Land & Location
City Region
Amherst
Lot Features
Level lot, Softwood bush
Lot Size Area
0.97 acres
Lot Size Dimensions
0.97
Parcel Number
25031352
Postal Code
B4H2P9
Listing & Financials
Listing Office
Keller Williams Select Realty (Truro)
Originating System Name
Nova Scotia Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
Keller Williams Select Realty (Truro)
Mortgage Calculator
Estimated Monthly Payment
$1,272
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,272
Principal and interest only. Actual rates may vary.