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$275,000
Est. payment /mo
6,198 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Truro
MLS® Listing ID 202506153
Originating Board Nova Scotia Association of REALTORS®
Lot Size 6,198 Sqft
Acres 0.1423
Property Sub-Type Freehold
Property Description
Presenting: 20 Louise St, together with the neighbouring property at 24 Louise, forms a rare investment opportunity in the heart of downtown Truro! This triplex 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 appreciate (id:24570)
Location
Province NS
Rooms
Kitchen 0.0
Interior
Cooling Heat Pump
Flooring Ceramic Tile, Hardwood, Laminate, Vinyl
Exterior
Parking Features No
Community Features Recreational Facilities, School Bus
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Royal LePage Truro Real Estate