101-105 Queen Street (MLS® 202427672)

Truro, NS, B2N 2B2

Summary

MLS ®:
 202427672
Price:
 $2,900,000
Status:
 Active
District:
 104
Zoning:
 UC
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 160,241.40
Approx. Net Income:
 107,980.15
Laundry Income:
 3600.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 52,261.25
Maintenance Expense:
 8,250.00
Water & Sewage Expense:
 3,428.88
Insurance Expense:
 7,100.00
Tax Costs:
 15,201.00
Electricity Bill:
 6,868.69
Heating Bill:
 9,612.68
Other Costs:
 1,800.00
Expense Details:
Call 902-499-7886

Property Overview

101-105 Queen Street, Truro (MLS® 202427672): This is an exceptional opportunity to invest in 19 units in a high demand market with the added advantage of future growth potential. The strong market demand in Truro for both residential and mixed use properties makes this an ideal investment for income generation. 101-105 Queen Street and 264-266 Queen Street. 11 rental units in 101-105 Queen Street and 8 rental units in 264-266 Queen Street. Total Price: $2,900,000.00. Queen Street, Truro - A prime location with high visibility and easy access to local amenities, businesses, and residential areas. Ideal for future development or rental income. Additional lot: Offering additional potential for future expansion or redevelopment, up to 40 - 50 units. 264-266 Queen Street - 8 units. A smaller but strategically located property, this building adds diversity to the package. Building dimensions: 101 Queen Street - Irregular 103 Queen Street - 61x43.5 105 Queen Street - 47.5x21 264-266 building dimensions: 19.8x42.5 x 2 buildings.

Listing Courtesy of: Coldwell Banker Open Door Realty Ltd.

Directions

Queen Street

Building Specs.

Building Dimensions:
Irregular
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Brick, Vinyl
Flooring Type:
Hardwood, Vinyl
Heating & Cooling:
Baseboard, Furnace, Ductless Cooling
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Parking spaces
Driveway/Parking:
Multiple Driveways, Parking Spaces(s)

Features

Laundry, Storage

Community Features

Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship

Inclusions

11 fridges, 11 stoves

Rental Equipment

None

Map

Contact Agent


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