Heat Pump
Acreage
$3,000,000
Now available in the growing community of Truro Heights: a rare 24-unit apartment building offering both immediate income and long-term upside. This 3-storey, wood-frame walk-up features individual power meters for each unit, ample on-site parking, and a strong tenant base. With a gross potential rental income nearing $30,000/month ($360,000 annually), this property is already a solid performer. Even better? 16 of the 24 units have been recently updated, leaving room for additional value-add improvements. With rental demand strong in the area and an appraisal pointing to a much higher potential value than the current asking price, this is a golden opportunity for savvy investors. Whether youre scaling your portfolio or stepping into multifamily ownership, this building is worth a closer look. (id:40687)
Property Details
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MLS® Number
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202508353 |
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Property Type
|
Multi-family |
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Community Name
|
Truro Heights |
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Amenities Near By
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Park, Playground, Shopping, Place Of Worship |
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Community Features
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Recreational Facilities, School Bus |
Building
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Cooling Type
|
Heat Pump |
|
Exterior Finish
|
Other |
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Flooring Type
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Carpeted, Laminate, Vinyl |
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Foundation Type
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Concrete Perimeter |
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Type
|
Apartment |
|
Utility Water
|
Drilled Well |
Parking
|
Parking Space(s)
|
|
|
Paved Yard
|
|
Land
|
Acreage
|
Yes |
|
Land Amenities
|
Park, Playground, Shopping, Place Of Worship |
|
Sewer
|
Municipal Sewage System |
|
Size Irregular
|
1.49 |
|
Size Total
|
1.49 Ac |
|
Size Total Text
|
1.49 Ac |
https://www.realtor.ca/real-estate/28191799/30-parkwood-drive-truro-heights-truro-heights