86 and 90 Ford Street (MLS® 202501459)

Truro, NS, B2N 3H2

Summary

MLS ®:
 202501459
Price:
 $1,250,000
Status:
 Active
District:
 104
Zoning:
 R2
Property Type:
 Fourplex
Title To Land:
 Freehold

Income

Approx. Total Income:
 98,976.00/yr
Approx. Net Income:
 83,076.00
Income Details:
Call 902-499-7886

Expenses

Approx. Total Expenses:
 15,900.00
Water & Sewage Expense:
 1400.00/yr
Insurance Expense:
 3500.00/yr
Tax Costs:
 11,000./yr (both bldgs)
Expense Details:
Call 902-499-7886

Property Overview

86 and 90 Ford Street, Truro (MLS® 202501459): Excellent investment opportunity in 86 and 90 Ford Street, Truro. This property package includes two 15 year old buildings (two PID’s) on slabs with four identical units in total. Each unit has 1600 sq ft of living space, 3 bdrms (walk in closet in primary), 2 baths, in floor heat, 2 heat pumps, 5 appliances, open concept kitchen, dining and living room areas, paved driveways, large deck, laundry in each unit, as well as, an attached garage. All units are at current market value rents (fixed leases). Tenants pay their own heat and lights. Incredible location - close to schools, shopping and a short walk to downtown. Excellent ROI, current cap rate of 6.34%. This is your retirement plan in one sale. Only basic maintenance needed, current owners took pride in the maintenance of these buildings, turn key rentals.

Listing Courtesy of: Keller Williams Select Realty

Directions

Robie Street then turn left on Ford Street, buildings are on the left.

Building Specs.

Building Age:
15
Building Dimensions:
56 x 31.5 - 10 x 20 (x2)
Foundation Type:
Slab
Roof Material:
Asphalt Shingle
Exterior Finish:
Vinyl
Flooring Type:
Laminate, Tile
Heating & Cooling:
Heat Pump -Ductless, In Floor, Radiant
Water:
Municipal
Sewage:
Municipal
Title:
Freehold

Garage & Parking

Garage:
Yes
Garage Details:
single garage (under each unit)
Parking:
paved driveway
Driveway/Parking:
Paved

Features

Cable, Heat/Air Exchange, Power, Telephone

Community Features

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

Schools

Elem. School: Truro Elementary School
Elem. School (French Imm.): ÉCOLE ACADIENNE DE TRURO
Mid. School: Truro Junior High School
Mid. School (French Imm.): ÉCOLE ACADIENNE DE TRURO
High School: Cobequid Educational Centre
High School (French Imm.): ÉCOLE ACADIENNE DE TRURO

Inclusions

Fridge x4, Stove x4, Dishwasher x4, Washer X4 and Dryer x4.

Rental Equipment

None

Map

Contact Agent


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