101 Park Street (MLS® 202319816)

Truro, NS, B2N 3J5

Summary

MLS ®:
 202319816
Price:
 $489,500
Status:
 Active
District:
 104
Zoning:
 R2
Property Type:
 Duplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 29004
Approx. Net Income:
 20300
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 8704
Snow & Garbage Expense:
 500
Water & Sewage Expense:
 625
Insurance Expense:
 3179
Tax Costs:
 4400
Expense Details:
Call 902-499-7886

Property Overview

101 Park Street, Truro (MLS® 202319816): Renovated units in desirable neighborhood near downtown Truro and close to all amenities. PLUS tenants pay their own utilities. There are 2 NS power meters and 2 oil tanks. Lots of parking and a beautiful yard with outdoor space makes this an easy property to rent to professionals or families. Updates in the past three years include 4 new windows on the main level, 2 new oil tanks and 3 new steel doors. New double vanity, sinks, mirror in the bathroom, 3rd bedroom in the main unit. New laundry room with washer and dryer in the main unit and upper deck boards replaced. Updates in the past 12 years include the main level kitchen, furnace, hot water tanks, electrical panels and roof shingles. Also there is a possibility of assuming the current mortgage at an interest rate of 2.54%. Mortgage matures in July 2026. The tenants in the upper unit will be vacating the unit in February, 2024 as they are relocating due to a job transfer. Rental projections for the unit are $1500-1800. Main level tenant pays market rent has received a 5% increase notice January 1, 2024.

Listing Courtesy of: Royal LePage Atlantic

Directions

Queen Street to Park Street. Property on the right.

Building Specs.

Building Dimensions:
50x28+turret
Foundation Type:
Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Hardwood, Laminate, Tile, Vinyl
Heating & Cooling:
Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
In the back.
Driveway/Parking:
Gravel, Parking Spaces(s), Shared

Features

Balcony

Schools

Elem. School: Truro Elementary School
High School: Cobequid Educational Centre

Inclusions

2 Fridge's, 2 Stoves, 2 Washers, 2 Dryers

Exclusions

Tenant belongings

Rental Equipment

None

Map

Contact Agent


Similar Properties