HUGE DISCOUNT ON PACKAGE DEAL! 24 Louise St (15+1 units), together with the neighbouring property at 20 Louise (triplex), forms a rare investment opportunity in the heart of downtown Truro! This 15 unit building with an approved development agreement for a 16th unit that is mostly finished (well will not be finishing for closing) offers a fantastic opportunity for investors seeking long term rental income in a high-demand area. Located between Prince and Queen street, it's within walking distance to shops, restaurants, and amenities, this property ensures consistent tenant demand and long-term value. 20 and 24 Louise together produce gross potential rental income, based on full occupancy, of approximately $250,000/year making this an attractive addition to the savvy investor's portfolio. As an added benefit, with management already in place, a new owner can simply take over and enjoy the benefits of owning 2 great properties in Truro's thriving downtown! Detailed financials available upon request with a signed Non-Disclosure Agreement. Please Note: 20 and 24 Louise MUST be sold together. 615 Prince is also available from the same owner and the owner would place value on a buyer purchasing all three properties at the same time. (id:4069)
Address
24 Louise Street
List Price
$1,749,000
Property Type
Multi-family
Type of Dwelling
Apartment
Transaction Type
sale
Area
Nova Scotia
Sub-Area
Truro
Lot Size
0.0826 Sq. Ft.
MLS® Number
202506154
Listing Brokerage
Royal LePage Truro Real Estate
Postal Code
B2N3K2
Site Influences
Golf Course, Playground, Shopping, Place of Worship
