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)
| 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 |
| 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 |
| Paved Yard |
| 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
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Todd Johns