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. (id:51018)
| MLS® Number | 202508353 |
| Property Type | Multi-family |
| Community Name | Truro Heights |
| Amenities Near By | Park, Playground, Shopping, Place Of Worship |
| Community Features | Recreational Facilities, School Bus |
| Cooling Type | Heat Pump |
| Exterior Finish | Other |
| Flooring Type | Carpeted, Laminate, Vinyl |
| Foundation Type | Concrete Perimeter |
| Type | Apartment |
| Utility Water | Municipal Water |
| Parking Space(s) |
| Acreage | Yes |
| Land Amenities | Park, Playground, Shopping, Place Of Worship |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.49 |
| Size Total | 1.49 Ac |
| Size Total Text | 1.49 Ac |
https://www.realtor.ca/real-estate/28191799/30-parkwood-drive-truro-heights-truro-heights
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