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5 Victoria Street Truro, Nova Scotia B2N 1Y5

$499,900

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. (id:45785)

Property Details

MLS® Number 202600799
Property Type Multi-family
Community Name Truro
Amenities Near By Golf Course, Park, Playground, Shopping, Place Of Worship
Community Features Recreational Facilities

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1920
Exterior Finish Vinyl
Flooring Type Hardwood, Laminate, Linoleum, Vinyl
Foundation Type Concrete Perimeter, Stone
Type Fourplex
Utility Water Municipal Water

Parking

Paved Yard

Land

Acreage No
Land Amenities Golf Course, Park, Playground, Shopping, Place Of Worship
Sewer Municipal Sewage System
Size Irregular 0.1343
Size Total 0.1343 Ac
Size Total Text 0.1343 Ac

https://www.realtor.ca/real-estate/29251705/5-victoria-street-truro-truro

Contact Us

Contact us for more information

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Todd Johns

(902) 292-0188
(902) 457-1400
www.investmentpropertyhfx.ca/

Press Realty Inc.
233 Bedford Hwy
Halifax, Nova Scotia B3M 2J9

(902) 457-4000
(902) 457-1400
www.pressrealty.ca/