This duplex is an excellent investment opportunity! It features an over/under layout with a 3-bedroom, 1-bath unit upstairs and a 2-bedroom, 1-bath unit downstairs. Both units are spacious and include individual laundry hook-ups. The property boasts a sizable backyard and distinct parking spaces for each unit. Owners will benefit from tenants covering their own heating and electricity costs, thanks to separate furnaces, oil tanks, and power meters for each unit. The roof shingles were updated in 2021, and both units have ductless heat pumps. The property is currently generating over $36,000 annually in rental income. Schedule a showing to see it for yourself!
Exit 13 towards NS-2/Truro. Take ramp to NS-2/Truro. Merge onto McClures Mills Road/Truro Heights Connector Road. Continue to follow McClures Mills Road. At roundabout, take 2nd exit onto Willow Street/NS-2. Exit roundabout onto Willow Street/NS-2. Turn right onto Arthur Street. Turn right onto Prince Street. Property will be on the right.
Listing Sub-Area:
104-Truro / Bible Hill
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
50 x 30
Lot Size:
5,001 sq. ft.465 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
2
Exterior Finish:
Vinyl
Foundation:
Stone
Basement:
Full, Undeveloped
Floor Finish:
Carpet, Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Forced Air, Furnace, Heat Pump -Ductless
Fuel:
Oil
Garage Description:
None
Parking:
Yes
Parking Description:
Multi
Driveway:
Dirt, Double
Water Supply:
Municipal
Water And Sewage:
1000
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
1
Num 3 Bed Units:
1
# Of Dryers:
1
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
1
Rental Income:
Yes, 29775
Approx. Net Income:
24639
Insurance Expense:
1150
Taxes Costs:
1986
Maintenace:
1000.0
Approx. Total Expense:
5136
Approx. Total Income:
29775
Laundry
2 Fridge, 2 Stove, 1 Washer, 1 Dryer
Washer/Dryer in upstairs unit
Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
Range - Electric, Dryer - Electric, Washer, Refrigerator