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:4069)
Address
30 Parkwood Drive
List Price
$3,600,000
Property Type
Multi-family
Type of Dwelling
Apartment
Area
Nova Scotia
Sub-Area
Truro Heights
Lot Size
1.49 Sq. Ft.
MLS® Number
202508353
Listing Brokerage
Royal LePage Truro Real Estate
Postal Code
B2Y3W6
Site Influences
Park, Playground, Shopping, Place of Worship