25 Walker Street (MLS® 202116687)

Truro, NS, B2N 4A5

Summary

MLS ®:
 202116687
Price:
 $850,000
Status:
 Pending
District:
 104
Zoning:
 C4
Property Type:
 9-12 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 99,138
Approx. Net Income:
 51,077
Laundry Income:
 3,000
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 48,061
Maintenance Expense:
 4,099
Snow & Garbage Expense:
 3,772
Water & Sewage Expense:
 5,256
Insurance Expense:
 4,486
Tax Costs:
 11,381
Electricity Bill:
 11,310
Heating Bill:
 6,332
Other Costs:
 1,425
Expense Details:
Call 902-499-7886

Property Overview

25 Walker Street, Truro (MLS® 202116687): Fantastic opportunity to purchase TWO multi-residential buildings in downtown Truro. 25 Walker Street (6 units) and 263 Queen Street (5 Units) are to be sold as a package. Zoned C4 (General Commercial) this offering includes 4 PID’s totalling 19,925sf of land. The 11 units are comprised as 2 X 1 BR units and 9 X 2BR units. These units are fully occupied and when vacancies arise the units are immediately filled. Landlord currently pays all utilities. Each building has a set of coin operated laundry and there is ample parking on-site. This is a prime opportunity to expand your real estate portfolio and there is plenty of room to increase overall yield and return going forward.

Listing Courtesy of: Red Door Realty

Building Specs.

Building Dimensions:
(32.5 x 58.6) + (40.8 x 28.5)
Foundation Type:
Concrete, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Laminate, Vinyl
Heating & Cooling:
Baseboard, Radiator
Water:
Municipal
Sewage:
Municipal
Lot Size:
19925
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Ample surface. Shared multiple parking stalls.
Driveway/Parking:
Gravel, Parking Spaces(s)

Features

Laundry, See Remarks

Inclusions

11 fridges, 11 stoves, 4 OTC microwaves, 1 microwave, 2 washers and 2 dryers.

Exclusions

Tenant possessions

Rental Equipment

Propane Tank

Map

Contact Agent