Residential Income For Sale

This well maintained 5 Unit, 2.5 storey income property is a rare find for savvy investors. Nestled in the vibrant community of Truro, this building has proven to be a stable source of rental income. Each unit boasts generous space, abundant natural light, and charming hardwood floors with classic large trim throughout. The property features a mix of units: Apartment 1: 2 bedrooms, Apartment 2: 1 bedroom, Apartment 3: 1 bedroom, Apartment 4: 2 bedrooms, Apartment 5: 2 bedrooms. Additionally, the building offers shared laundry facilities, conveniently located at the back of the property. The owner currently covers heating costs (oil heat), and tenants pay their own power. Apartment 3 is currently vacant and ready for a new tenant, freshly renovated with a new shower, vanity, toilet in the bathroom, and vinyl flooring through some of the apartment, and the existing hardwood through the rest. The apartment is bright and clean and ready for your new tenant. This is a fantastic opportunity for investors seeking a reliable, income-generating property in a prime location. Don’t miss your chance to add this valuable asset to your portfolio. Large renovations recently included the renovation of apartment 3, new side fencing in rear yard, removal of an older shed to increase tenant parking out back on new gravel, installation of leased oil burner (Year 2021 for 60mths), some exterior landscaping, kitchen and bath renovation apartment 2 (2023), and replacement of coin operated washer/dryer. Don’t miss out on this Downtown multi-unit investment property.