$2,250,000
This well-maintained 18-unit property package in Truro, Nova Scotia offers an excellent investment opportunity. Comprising three identical buildings, each with 6 units, the package features a total of 15 two-bedroom apartments and 3 one-bedroom units. Each building includes five 2-bedroom units and one 1-bedroom unit. With the layout and design being identical across all buildings, the property is easy to manage and offers consistent rental potential. All units are heated with oil hot water baseboard heating, and each building is separately metered with 7 power meters. As of today, the property is on track to generate just over $201,000 in annual income. The vacant 2-bedroom unit is being advertised for $1,600 per month, and with full occupancy, if rented, the property would be on track to generate over $220,000 in annual income. Located less than 10 minutes from Dalhousie University?s Agricultural Campus and Downtown Truro, this property offers excellent proximity to key amenities, making it an attractive option for renters. Whether you're looking to expand your portfolio or invest in a well-positioned, income-generating property, this 18-unit package presents a fantastic opportunity. (id:40687)
Property Details
MLS® Number
|
202427699 |
Property Type
|
Multi-family |
Community Name
|
Truro |
Amenities Near By
|
Golf Course, Playground, Public Transit, Beach |
Community Features
|
Recreational Facilities, School Bus |
Building
Appliances
|
Stove, Dryer, Washer, Refrigerator |
Basement Development
|
Finished |
Basement Type
|
Full (finished) |
Exterior Finish
|
Vinyl |
Flooring Type
|
Carpeted, Laminate, Vinyl |
Foundation Type
|
Concrete Perimeter |
Type
|
Apartment |
Utility Water
|
Municipal Water |
Parking
Parking Space(s)
|
|
Shared
|
|
Other
|
|
Land
Acreage
|
No |
Land Amenities
|
Golf Course, Playground, Public Transit, Beach |
Sewer
|
Municipal Sewage System |
Size Irregular
|
0.9592 |
Size Total
|
0.9592 Ac |
Size Total Text
|
0.9592 Ac |
https://www.realtor.ca/real-estate/27712567/152127-curtis-drive-truro-truro