264-266 Queen Street (MLS® 202427671)

Truro, NS, B2N 2C1

Summary

MLS ®:
 202427671
Price:
 $2,900,000
Status:
 Active
District:
 104
Zoning:
 UC
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 105,216.00
Approx. Net Income:
 82,447.84
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 22,768.16
Maintenance Expense:
 4,145.00
Snow & Garbage Expense:
 1,200.00
Water & Sewage Expense:
 1,620.55
Insurance Expense:
 2,237.00
Tax Costs:
 7,264.00
Electricity Bill:
 6,301.61
Expense Details:
Call 902-499-7886

Property Overview

264-266 Queen Street, Truro (MLS® 202427671): 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 us 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. 101-105 Queen Street has an additional lot offering potential for future expansion or redevelopment, up to 40 - 50 units. 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. 264-266 Queen Street - 8 units. A smaller but strategically location property, this building adds diversity to the package.

Listing Courtesy of: Coldwell Banker Open Door Realty Ltd.

Directions

Queen Street

Building Specs.

Building Age:
93
Building Dimensions:
19.8x42.5 x 2 buildings
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Laminate, Vinyl
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Driveway/Parking:
None

Features

Balcony

Community Features

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

Inclusions

8 fridges, 8 stoves

Rental Equipment

None

Map

Contact Agent


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