Now available in the growing community of Truro Heights: a rare 24-unit apartment building offering both immediate income and long-term upside. This 3-storey, wood-frame walk-up features individual power meters for each unit, ample on-site parking, and a strong tenant base. With a gross potential rental income nearing $30,000/month ($360,000 annually), this property is already a solid performer. Even better? 16 of the 24 units have been recently updated, leaving room for additional value-add improvements. With rental demand strong in the area and an appraisal pointing to a much higher potential value than the current asking price, this is a golden opportunity for savvy investors. Whether you?re scaling your portfolio or stepping into multifamily ownership, this building is worth a closer look. (id:45785)
MLS® Number | 202508353 |
Property Type | Multi-family |
Community Name | Truro Heights |
Amenities Near By | Park, Playground, Shopping, Place Of Worship |
Community Features | Recreational Facilities, School Bus |
Cooling Type | Heat Pump |
Exterior Finish | Other |
Flooring Type | Carpeted, Laminate, Vinyl |
Foundation Type | Concrete Perimeter |
Type | Apartment |
Utility Water | Municipal Water |
Parking Space(s) |
Acreage | Yes |
Land Amenities | Park, Playground, Shopping, Place Of Worship |
Sewer | Municipal Sewage System |
Size Irregular | 1.49 |
Size Total | 1.49 Ac |
Size Total Text | 1.49 Ac |
https://www.realtor.ca/real-estate/28191799/30-parkwood-drive-truro-heights-truro-heights
Contact us for more information
Andrew Keddy
Rachel Keddy