Heat Pump
Acreage
$3,600,000
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:25286)
Property Details
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 |
Building
Cooling Type
|
Heat Pump |
Exterior Finish
|
Other |
Flooring Type
|
Carpeted, Laminate, Vinyl |
Foundation Type
|
Concrete Perimeter |
Type
|
Apartment |
Utility Water
|
Municipal Water |
Parking
Land
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