5 Minerva Drive (MLS® 202421305)

Truro, NS, B2N 5N8

Summary

MLS ®:
 202421305
Price:
 $525,000
Status:
 Active
District:
 104
Zoning:
 UG
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 36571
Approx. Net Income:
 22361
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 14211
Maintenance Expense:
 1280
Management Expense:
 1646
Insurance Expense:
 2024
Tax Costs:
 3188
Electricity Bill:
 6074
Expense Details:
Call 902-499-7886

Property Overview

5 Minerva Drive, Truro (MLS® 202421305): A RARE FIND! Don't miss this opportunity to purchase one (or more) of three available purpose built 4-plexes in Truro at 1, 5, or 11 Minerva Dr! Built sturdy, and with many of the units updated in recent years, these buildings have great tenants, most of them long term, and with being centrally located near the industrial park, downtown Truro, and even NSCC Truro Campus there is sure to be steady demand for these apartments over the long term. Ideally situated near to the downtown core, the property is within walking distance of most amenities, restaurants, and parks that renters desire. With lots of space for rental increases over time, this offering presents significant upside potential. Don't miss your chance to secure a high-demand property in a desirable location! Please Note: the seller requires that the first buyer purchase at least 2 of the 3 buildings, with preference given to a buyer willing to purchase all 3 at once.

Listing Courtesy of: Royal LePage Truro Real Estate

Directions

Take Kaulback St to Minerva Dr

Building Specs.

Building Age:
50
Building Dimensions:
Rectangular
Foundation Type:
Concrete
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Carpet, Laminate, Vinyl
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Garage Details:
None
Parking:
Small parking area in front of building
Driveway/Parking:
Shared

Features

Storage

Community Features

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

Exclusions

Tenant Belongings

Rental Equipment

None

Map

Contact Agent


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