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24 Louise Street
Truro Nova Scotia , B2N3K2 , Canada
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Kitchen
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Hallway
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Laundry room
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Utility Room

$2,250,000.00
MLS® 202506154
Investment
Remarks:
Presenting: 24 Louise St, together with the neighbouring property at 20 Louise (triplex), forms a rare investment opportunity in the heart of downtown Truro! This 15 unit building with an approved development agreement for a 16th unit that is mostly finished (well will not be finishing for closing) offers a fantastic opportunity for investors seeking long term rental income in a high-demand area. Located between Prince and Queen street, it's within walking distance to shops, restaurants, and amenities, this property ensures consistent tenant demand and long-term value. 20 and 24 Louise together produce gross potential rental income, based on full occupancy, of approximately $250,000/year making this an attractive addition to the savvy investor's portfolio. As an added benefit, with management already in place, a new owner can simply take over and enjoy the benefits of owning 2 great properties in Truro's thriving downtown! Detailed financials available upon request with a signed Non-Disclosure Agreement. Please Note: 20 and 24 Louise MUST be sold together. 615 Prince is also available from the same owner and the owner would place value on a buyer purchasing all three properties at the same time. (id:7526)

Property Features:
  • Amenities Nearby: Golf Course , Playground , Shopping
  • Community Features: Recreational Facilities , School Bus
  • OwnershipType: Freehold
  • Parking Type: Gravel , Shared
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
Building Features:
  • Appliances: Stove , Refrigerator
  • Building Type: Apartment
  • Exterior Finish: Steel
  • Flooring Type : Laminate , Vinyl
  • Foundation Type: Concrete Perimeter

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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