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265/269 Young Street, Truro, Nova Scotia, B2N3Y4

265/269 Young Street, Truro, Nova Scotia, B2N3Y4 (ID 202319103)
Representative
Santina Loppie portrait
Santina Loppie
Sales Representative
EXIT Real Estate Professionals
Cell: 902-483-7723
Tel: 902-865-2600

$4,950,000 - For sale

ID#:202319103

Two well maintained buildings. This unique offering includes an 18-unit building and a 12-unit building, each contributing to the overall appeal of this investment. Recent upgrades, such as both buildings having brand-new roof and energy-efficient heat pumps in all units, enhance the property's long-term sustainability while reducing operational costs. One of the standout features of this opportunity is the assumable mortgage, with $2.1 million remaining at an incredibly low 2.68% interest rate. This favorable financing arrangement adds a layer of financial stability for potential investors. The diverse unit mix includes 28 spacious two-bedroom units and 2 comfortable one-bedroom units, catering to a wide range of potential tenants. The location of this portfolio is truly exceptional, located just an hour from Halifax and a mere 5-minute drive from the heart of Truro. Being along major transit routes and public services brings strategic positioning that attracts tenants from both urban and suburban demographics, adding to the investment's appeal. Finally, this portfolio represents a stable and promising investment opportunity. With all 30 units fully leased, there is excellent potential for value appreciation through rent increases and unit renovations as turnovers occur. Don't miss the chance to secure this outstanding investment opportunity in the thriving community of Truro, Nova Scotia, one of the fastest growing communities in our province. Contact us today to learn more and seize this opportunity for financial success in the real estate market! (id:2471)

Location DescriptionHwy 102 exit 13, Keep right Truro heights connector , Right on willow st, Left on Glenwood, Left on young street.

Property Details
  • Property Address:265/269 Young Street, Truro, Nova Scotia, B2N3Y4
  • Property Type:Multi-family
  • Community Name:Truro
  • Title:Freehold
  • Lot Size:1.1065 ac
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 265/269 Young Street, Truro, Nova Scotia, B2N3Y4
  • Structure Style:Apartment
  • Building Age:2009
  • Flooring:Carpeted, Ceramic Tile
  • Basement Type:None
  • Foundation Type:Concrete Perimeter, Concrete Slab
  • Cooling Type:Heat Pump
  • Exterior Type:Vinyl
Amenities for 265/269 Young Street, Truro, Nova Scotia, B2N3Y4 Balcony, Recreational Facilities, School Bus
  • Amenities Nearby:Park, Playground, Public Transit, Shopping
Representative
Santina Loppie portrait
Santina Loppie
Sales Representative
EXIT Real Estate Professionals
Cell: 902-483-7723
Tel: 902-865-2600
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Listing Offices: RE/MAX Nova (Halifax), RE/MAX Nova

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265/269 Young Street, Truro, Nova Scotia, B2N3Y4

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