For Sale: 12-14 Pictou Road, Bible Hill, NS

About this home

An Exceptional Development & Investment Opportunity in the Heart of Truro. What truly sets this opportunity apart is the forward thinking vision already in place. The current owners have commissioned architectural plans for a proposed 19 unit residential development with dedicated commercial space, offering investors and developers a head start on unlocking the site's full potential. Whether your strategy is to hold for cash flow, redevelop immediately, or pursue a phased development approach, this property provides exceptional flexibility and upside. Positioned on a high-visibility corridor and just minutes from downtown, 12 & 14 Pictou Road offers a rare chance to acquire an income-producing asset with significant future development potential. This unique offering consists of two multifamily duplexes featuring a total of four residential units, including two 3-bedroom units and two 2-bedroom units, providing immediate rental income while future plans are advanced. Strategically located within walking distance of Dalhousie University's Agricultural Campus, Truro Mall, downtown amenities, restaurants, and public transit, the property benefits from strong rental demand and excellent long term growth prospects. Additional features include ample on-site parking and an 18' x 22' garage, further enhancing the property's functionality and value. As Truro continues to experience growth and revitalization, opportunities of this scale, location, and development potential are becoming increasingly difficult to find. Secure your position in one of Nova Scotia's growing markets and explore the possibilities that 12 & 14 Pictou Road has to offer. (id:63626)

Listed by: Jamie-Lynn Gillis, Royal LePage Atlantic

Home facts and features

Price details

List Price

$699,000

Home facts

Bedrooms

Full Bathrooms

Parking Details

Parking Space(s), Gravel, Paved Yard

Property Type

Multifamily

Lot Size

16748 ft²

Depth

Year Built

Built in 1923 (103 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Heat Pump, Baseboard heaters, Oil, Electric, Ductless, Furnace

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Agent details

Primary Agent

Jamie-Lynn Gillis

Primary Broker

Royal LePage Atlantic

Secondary Agent

Tanya Boutilier

Secondary Broker

Royal LePage Atlantic

Listing details

Days on REW

5 Days

MLS® Number

202614609

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

10 Schools are within 124km

Port Elgin Regional School

n/a
K - 8
In Catchment

Marshview Middle School

n/a
5 - 8
In Catchment

Salem Elementary School

n/a
K - 4
In Catchment

Sackville Christian Academy

n/a
K - 12
In Catchment

Tantramar Regional High School

n/a
9 - 12
In Catchment

Dorchester Consolidated School

n/a
K - 8
In Catchment

Riverside Consolidated School

n/a
K - 5
In Catchment

École Abbey-Landry

n/a
K - 8
In Catchment

École Donat-Robichaud

n/a
K - 8
In Catchment

Hillsborough Elementary School

n/a
K - 5
In Catchment

12 & 14 Pictou RoadBible Hill, NS, B2N 2R8