Primary photo of 295 QUEEN Street, Truro
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Duplex For Sale

$479,000

MLS® Number: 202612509

Land Size

0.574

Year Built

2011

295 QUEEN Street, Truro, Nova Scotia

About This Property

Welcome to your next investment opportunity! This over/under 15 year old Duplex in the heart of Truro is ready to continue generating income for the next owner. Featuring two long term committed tenants who both pay their own utilities (landlord pays for water), each unit featuring 2 bedrooms and 1 bathroom in open layouts with a heat pump in each unit located in a fantastic location, this property is only for someone looking to continue to profit month after month. Being 15 years old means little to worry about on top of the property already being kept in great condition. In a prime location in Truro, walking distance to any amenity you'd be looking for, along with the turn key condition of the home with a healthy cap rate, creates a recipe for a property with low vacancy. The great condition of the units, on top of the large private lot, heat pumps, location and so much more all make these units appealing to tenants. This property is also ideal for someone looking to occupy one unit while the other pays down their mortgage. This is the type of opportunity investors wait for!

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer

Cooling

Heat Pump

Flooring

Hardwood, Laminate, Ceramic Tile

Building & Exterior

Exterior Features

Vinyl

Foundation Details

Concrete Perimeter

Parking Features

Parking Space(s)

Year Built

2011

Land & Location

City Region

Truro

Community Features

School Bus

Lot Size Area

0.5739 acres

Lot Size Dimensions

0.5739

Parcel Number

20194163

Postal Code

B2N2C2

Listing & Financials

Listing Office

RE/MAX Fairlane Realty

Originating System Name

Nova Scotia Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($95,800)
5.5%
25 Years

Estimated Monthly Payment

$2,353

Principal and interest only. Actual rates may vary.

Location & Map

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