Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description
MLS® Number202508353
Laundry LevelLaundry
Central VacNo
FireplaceNo
Acreage1.49
Exterior
GarageNo
Approx. Age
BasementFinished
DrivewayParking Spaces(s), Paved
Garage Spaces
HeatBaseboard, Ductless
A/C
Heating Fuel
Extras
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