15,21,27 Curtis Drive (MLS® 202427699)

Truro, NS, B2N 3M8

Summary

MLS ®:
 202427699
Price:
 $2,250,000
Status:
 Pending
District:
 104
Zoning:
 UC
Property Type:
 Over 12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 201,915.00 +1 Vacant
Approx. Net Income:
 99,107.16 - Maintenance
Laundry Income:
 639.21
Other Income:
 -
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 102,807.84 + Maintenance
Maintenance Expense:
 See Instr. to Members
Management Expense:
 15,984.12
Snow & Garbage Expense:
 1,366.44
Water & Sewage Expense:
 7234.34
Insurance Expense:
 13,891.32
Tax Costs:
 20,509.11
Electricity Bill:
 10,622.11
Heating Bill:
 33,200.40
Other Costs:
 -
Expense Details:
Call 902-499-7886

Property Overview

15,21,27 Curtis Drive, Truro (MLS® 202427699): 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.

Listing Courtesy of: RE/MAX Nova (Halifax)

Directions

NS 102 to exit 13 McClures Mill Rd/Truro Heights Connector Rd. Continue on McClure's Mill Rd to Curtis Dr.

Building Specs.

Building Dimensions:
34 x 48
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Brick, Vinyl
Flooring Type:
Carpet, Laminate, Vinyl
Heating & Cooling:
Baseboard, Hot Water
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
N/A
Parking:
Paved Parking with Multiple Spots
Driveway/Parking:
Parking Spaces(s), Paved, Shared, Other

Features

Laundry

Community Features

Beach, Golf Course, Playground, Public Transit, Recreation Center, School Bus Service

Inclusions

Appliances

Exclusions

Tenant Belongings

Rental Equipment

None

Map

Contact Agent


Similar Properties