$499,900
Amazing investment opportunity in the heart of Truro! A solid & affordable entry into the Nova Scotia rental market, featuring four spacious one-bedroom units, all rented with annual gross income of $60,480. Major updates are done; including a new roof (2024), new hot water heater, updated decks, newer windows, and refreshed upper units with new paint, lighting, & hardware, new bathroom in unit 2, all in December 2025. Updates have contributed to significant increases in rental income. Heat included, 2 units include power & one unit rented below market, offering an upside for revenue growth. 3 of the 4 units have newer tenants contributing to solid financial gains in income. Located downtown near NSCC, the hospital, and quick highway access, this is a smart, turnkey property with long term potential, an excellent way to start or grow your real estate portfolio. (id:38197)
Property Details
|
MLS® Number
|
202600799 |
|
Property Type
|
Multi-family |
|
Community Name
|
Truro |
|
Amenities Near By
|
Golf Course, Park, Playground, Shopping, Place Of Worship |
|
Community Features
|
Recreational Facilities |
Building
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Constructed Date
|
1920 |
|
Exterior Finish
|
Vinyl |
|
Flooring Type
|
Hardwood, Laminate, Linoleum, Vinyl |
|
Foundation Type
|
Concrete Perimeter, Stone |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Golf Course, Park, Playground, Shopping, Place Of Worship |
|
Sewer
|
Municipal Sewage System |
|
Size Irregular
|
0.1343 |
|
Size Total
|
0.1343 Ac |
|
Size Total Text
|
0.1343 Ac |
https://www.realtor.ca/real-estate/29251705/5-victoria-street-truro-truro