130 Victoria Street Truro, Nova Scotia B2N 1Z1

$589,900

This well maintained 5 Unit, 2.5 storey income property is a rare find for savvy investors. Nestled in the vibrant community of Truro, this building has proven to be a stable source of rental income. Each unit boasts generous space, abundant natural light, and charming hardwood floors with classic large trim throughout. The property features a mix of units: Apartment 1: 2 bedrooms, Apartment 2: 1 bedroom, Apartment 3: 1 bedroom, Apartment 4: 2 bedrooms, Apartment 5: 2 bedrooms. Additionally, the building offers shared laundry facilities, conveniently located at the back of the property. The owner currently covers heating costs (oil heat), and tenants pay their own power. Apartment 3 is currently vacant and ready for a new tenant, freshly renovated with a new shower, vanity, toilet in the bathroom, and vinyl flooring through some of the apartment, and the existing hardwood through the rest. The apartment is bright and clean and ready for your new tenant. This is a fantastic opportunity for investors seeking a reliable, income-generating property in a prime location. Don't miss your chance to add this valuable asset to your portfolio. Large renovations recently included the renovation of apartment 3, new side fencing in rear yard, removal of an older shed to increase tenant parking out back on new gravel, installation of leased oil burner (Year 2021 for 60mths), some exterior landscaping, kitchen and bath renovation apartment 2 (2023), and replacement of coin operated washer/dryer. Don't miss out on this Downtown multi-unit investment property. (id:40687)

Property Details

MLS® Number 202422999
Property Type Multi-family
Community Name Truro
Amenities Near By Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship
Community Features School Bus
Equipment Type Furnace
Rental Equipment Type Furnace

Building

Appliances Stove, Dryer - Electric, Washer, Refrigerator
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1873
Exterior Finish Wood Siding
Flooring Type Carpeted, Hardwood, Laminate, Linoleum, Vinyl Plank
Foundation Type Stone
Type Apartment
Utility Water Municipal Water

Parking

Gravel
Parking Space(s)

Land

Acreage No
Land Amenities Golf Course, Park, Playground, Public Transit, Shopping, Place Of Worship
Sewer Municipal Sewage System
Size Irregular 0.1763
Size Total 0.1763 Ac
Size Total Text 0.1763 Ac

https://www.realtor.ca/real-estate/27455624/130-victoria-street-truro-truro

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