For Sale: 295 Queen Street, Truro, NS

About this home

Welcome to your next investment opportunity! This over/under 15 year old Duplex in the heart of Truro is ready to continue generating income for the next owner. Featuring two long term committed tenants who both pay their own utilities (landlord pays for water), each unit featuring 2 bedrooms and 1 bathroom in open layouts with a heat pump in each unit located in a fantastic location, this property is only for someone looking to continue to profit month after month. Being 15 years old means little to worry about on top of the property already being kept in great condition. In a prime location in Truro, walking distance to any amenity you'd be looking for, along with the turn key condition of the home with a healthy cap rate, creates a recipe for a property with low vacancy. The great condition of the units, on top of the large private lot, heat pumps, location and so much more all make these units appealing to tenants. This property is also ideal for someone looking to occupy one unit while the other pays down their mortgage. This is the type of opportunity investors wait for! (id:63626)

Listed by: Dylan Musgrave, RE/MAX Fairlane Realty

Home facts and features

Price details

List Price

$479,000

Home facts

Bedrooms

Full Bathrooms

Parking Details

Parking Space(s)

Property Type

Multifamily

Lot Size

24999 ft²

Depth

Year Built

Built in 2011 (15 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Cooling

Heat Pump

Appliances

Dishwasher, Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Dylan Musgrave

Primary Broker

RE/MAX Fairlane Realty

Listing details

Days on REW

8 Days

MLS® Number

202612509

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

295 Queen StreetTruro, NS, B2N 2C2