5 Victoria Street (MLS® 202600799)

Truro, NS, B2N 1Y5

Summary

MLS ®:
 202600799
Price:
 $499,900
Status:
 Pending
District:
 104
Zoning:
 Res
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 60480
Approx. Net Income:
 40352.50
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 20127.50
Snow & Garbage Expense:
 1784 + 1656 =1875
Water & Sewage Expense:
 754
Insurance Expense:
 3333
Tax Costs:
 4699
Electricity Bill:
 1777
Heating Bill:
 6124.50
Expense Details:
Call 902-499-7886

Property Overview

5 Victoria Street, Truro (MLS® 202600799): Amazing investment opportunity in the heart of Truro! A solid & affordable entry into the Nova Scotia rental market, featuring four spacious one-bedroom units, all rented with annual gross income of $60,480. Major updates are done; including a new roof (2024), new hot water heater, updated decks, newer windows, and refreshed upper units with new paint, lighting, & hardware, new bathroom in unit 2, all in December 2025. Updates have contributed to significant increases in rental income. Heat included, 2 units include power & one unit rented below market, offering an upside for revenue growth. 3 of the 4 units have newer tenants contributing to solid financial gains in income. Located downtown near NSCC, the hospital, and quick highway access, this is a smart, turnkey property with long term potential, an excellent way to start or grow your real estate portfolio.

Listing Courtesy of: Press Realty Inc.

Directions

Willow St to Victoria St, near corner

Building Specs.

Building Age:
106
Building Dimensions:
38 X 42
Foundation Type:
Concrete, Stone
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Hardwood, Laminate, Linoleum, Vinyl
Heating & Cooling:
Baseboard
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
No
Parking:
Paved, Gravel
Driveway/Parking:
Dirt, Paved

Community Features

Golf Course, Park, Place of Worship, Playground, Recreation Center, Shopping

Inclusions

4 refrigerators, 4 stoves, 1 washer and 1 dryer

Exclusions

Tenants belongings

Rental Equipment

None

Map

Contact Agent


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