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86 and 90 Ford Street

Truro, NS B2N 3H2
  • $1,250,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 202501459
$1,250,000
  • 12
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Multi-Family
Built:
2010
Municipality:

School Information

Elementary School:
Middle School:

Description

Excellent investment opportunity in 86 and 90 Ford Street, Truro. This property package includes two 15 year old buildings (two PID's) on slabs with four identical units in total. Each unit has 1600 sq ft of living space, 3 bdrms (walk in closet in primary), 2 baths, in floor heat, 2 heat pumps, 5 appliances, open concept kitchen, dining and living room areas, paved driveways, large deck, laundry in each unit, as well as, an attached garage. All units are at current market value rents (fixed leases). Tenants pay their own heat and lights. Incredible location - close to schools, shopping and a short walk to downtown. Excellent ROI, current cap rate of 6.34%. This is your retirement plan in one sale. Only basic maintenance needed, current owners took pride in the maintenance of these buildings, turn key rentals.

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NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2025-02-16T00:35:36.243.
www.halifaxareahomesforsale.com/homes/159667703
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86 and 90 Ford Street Truro, NS B2N 3H2

  • Price: $1,250,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 202501459
12
Beds
0
Baths
0
½ Baths
0.23
Acres
2010
Built
Neighbourhood:
Northern Region
Municipality:
Colchester
Area:
Northern Region
Elementary School:
Truro Elementary School
Middle School:
Truro Junior High School
High School:
Cobequid Educational Centre
Property Description
Excellent investment opportunity in 86 and 90 Ford Street, Truro. This property package includes two 15 year old buildings (two PID's) on slabs with four identical units in total. Each unit has 1600 sq ft of living space, 3 bdrms (walk in closet in primary), 2 baths, in floor heat, 2 heat pumps, 5 appliances, open concept kitchen, dining and living room areas, paved driveways, large deck, laundry in each unit, as well as, an attached garage. All units are at current market value rents (fixed leases). Tenants pay their own heat and lights. Incredible location - close to schools, shopping and a short walk to downtown. Excellent ROI, current cap rate of 6.34%. This is your retirement plan in one sale. Only basic maintenance needed, current owners took pride in the maintenance of these buildings, turn key rentals.
Exterior Features

Construction Materials Vinyl Siding Foundation Details Slab Garage YN Yes Lot Features Under 0.5 Acres Open Parking YN Yes Other Parking Parking Details(Paved Driveway)Garage Details(Single Garage (Under Each Unit)) Parking Features Paved Patio And Porch Features Deck Road Frontage Type Public Roof Asphalt Waterfront YN No

Interior Features

Appliances StoveDishwasherDryerWasherRefrigerator Basement None Below Grade Finished Area Units Square Feet Flooring LaminateTile Heating DuctlessIn FloorRadiant Heating YN Yes

Property Features

Additional Parcels Description 20146262 Additional Parcels YN Yes Area Major 104-Truro / Bible Hill Area Minor N/A Community Features ParkPlaygroundSchool Bus ServiceShoppingPlace of Worship Electric On Property YN Yes Inclusions Fridge X4Stove X4Dishwasher X4Washer X4 And Dryer X4. New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Other Equipment Heat/Air ExchangeNo Rental Equipment Ownership Freehold Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Rental Income Yes Sewer Municipal Utilities Cable ConnectedPowerPhone ConnectedElectricity Connected Water Source Municipal Zoning R2

Listing information © 2025 Nova Scotia Association of Realtors.
Listing provided courtesy of Keller Williams Select Realty.


NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright © by the Nova Scotia Association of REALTORS®. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Data last updated: 2025-02-16T00:35:36.243.
 
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1959 Upper Water St. Tower 1, Suite 1301
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