295 Queen Street (MLS® 202612509)

Truro, NS, B2N 2C2

Summary

MLS ®:
 202612509
Price:
 $479,000
Status:
 Active
District:
 104
Zoning:
 UC
Property Type:
 Duplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 38520
Approx. Net Income:
 $32223
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 $6,297
Water & Sewage Expense:
 $565
Tax Costs:
 $5,732
Expense Details:
Call 902-499-7886

Property Overview

295 Queen Street, Truro (MLS® 202612509): Welcome to your next investment opportunity! This over/under 15 year old Duplex in the heart of Truro is ready to continue generating income for the next owner. Featuring two long term committed tenants who both pay their own utilities (landlord pays for water), each unit featuring 2 bedrooms and 1 bathroom in open layouts with a heat pump in each unit located in a fantastic location, this property is only for someone looking to continue to profit month after month. Being 15 years old means little to worry about on top of the property already being kept in great condition. In a prime location in Truro, walking distance to any amenity you'd be looking for, along with the turn key condition of the home with a healthy cap rate, creates a recipe for a property with low vacancy. The great condition of the units, on top of the large private lot, heat pumps, location and so much more all make these units appealing to tenants. This property is also ideal for someone looking to occupy one unit while the other pays down their mortgage. This is the type of opportunity investors wait for!

Listing Courtesy of: RE/MAX Fairlane Realty

Directions

When on Queen Street, head towards the East End of town. Continue past the Queen and Main street intersection, 295 Queen St will shortly be on your left.

Building Specs.

Building Age:
15
Building Dimensions:
37'6 x 26
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Ceramic, Hardwood, Laminate
Heating & Cooling:
Heat Pump -Ductless, In Floor
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Multiple Parking Spots
Driveway/Parking:
Dirt, Parking Spaces(s)

Features

Apt Conforming, See Remarks

Community Features

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

Schools

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

Inclusions

Appliances

Exclusions

Tenant belongings

Rental Equipment

None

Map

Contact Agent


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