Remarks

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.


Listing courtesy of: 

Royal LePage Truro Real Estate


Listing Agents

Agent

Andrew Keddy

Sales Representative

Phone: 902.895.6361
Cell: 902.899.4106
Email

Agent Photo

Rachel Keddy

Sales Representatives

Phone: 902.985.6361
Email


Area Map