435 Prince Street (MLS® 202520595)

Truro, NS, B2N 1E6

Summary

MLS ®:
 202520595
Price:
 $749,000
Status:
 Active
District:
 104
Zoning:
 DC,RS,UC,FW,FF,FP,ER
Property Type:
 5-8 Units
Title To Land:
 Freehold

Income

Approx. Total Income:
 33600.00
Income Details:
Call 902-499-7886

Expenses

Management Expense:
 Owner
Water & Sewage Expense:
 1822.05
Insurance Expense:
 5926.00
Tax Costs:
 2140.58
Electricity Bill:
 7876.44
Heating Bill:
 11840.43
Expense Details:
Call 902-499-7886

Property Overview

435 Prince Street, Truro (MLS® 202520595): The famous Stanfield House in Truro presents an incredible opportunity for investors and visionaries looking to enhance a property with rich history and character. Built in 1902 for Mr. John Stanfield ( son of Charles Stanfield, founder of Truro Knitting Mills, currently Stanfields). This stunning residence has witnessed various transformations, from a rooming house to professional offices, and now functions as a five-unit rental property. One of the standout features of Stanfield House is its preservation of original details, including exquisite hardwood trim and flooring, which adds to its timeless charm. The main unit is particularly spacious, spanning two floors with five bedrooms and 4.5 baths, making it ideal for larger families or groups. Currently, two of the rental units are occupied, allowing new owners the flexibility to set rents for the remaining units, potentially increasing their revenue stream from the outset. The property is situated on just over three acres of land, featuring a serene pond that adds to the tranquil setting in the center of Truro, the hub of Nova Scotia. A few upgrades worth mentioning are the metal roof, plumbing, phase 4 electrical, kitchens and much more. Whether you’re looking to enhance an investment portfolio or seeking a unique property with potential for further development, Stanfield House could be the perfect canvas to bring your ideas to life. Don't miss the chance to own such a magnificent property with endless possibilities! Will you be the one to unlock its full potential?

Listing Courtesy of: Keller Williams Select Realty (Truro)

Directions

Prince Street, drive through "Inn on Prince" Parking Lot to the left through the black gates at the back.

Building Specs.

Building Age:
123
Building Dimensions:
Irregular
Foundation Type:
Concrete
Roof Material:
Metal
Exterior Finish:
Wood Siding
Flooring Type:
Ceramic, Hardwood, Laminate
Heating & Cooling:
Hot Water, In Floor
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Multi
Driveway/Parking:
Gravel, Parking Spaces(s)

Features

Apt Conforming, Dining Room, Ensuite Bath, Family Room, Laundry, Telephone, Gazebo

Community Features

Golf Course, Shopping

Inclusions

5 Fridges, 5 Stoves

Rental Equipment

None

Map

Contact Agent


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