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55 Queen Street in Truro: 104-Truro/Bible Hill/Brookfield Multi-Family for sale (Northern Region) : MLS®# 201816657

55 Queen Street Truro B2N 2B2 : 104-Truro/Bible Hill/Brookfield

Main Photo: 55 Queen Street in Truro: 104-Truro/Bible Hill/Brookfield Multi-Family for sale (Northern Region)  : MLS®# 201816657
$264,900
Prop. Type:
Multi-Family
MLS® Num:
201816657
Status:
Active
INVESTORS TAKE NOTE THIS PROPERTY HAS A R-6 ZONING. Ideally located and well priced this mixed use Commercial/Residential property is situated in the prime Queen Street neighbourhood of Truro. The Nova Scotia Egg Board has expanded their lease renewal to include the entire main level. Second floor is a 1,400 sq ft. 3 bedroom unit. Top floor unit is a 2 bedroom. The building is in good condition. Tenants are excellent and vacancy and turnover is minimal. Lot size is excessive. 10+ paved parking plus additional landscaped level area for allowable expansion and utility. Exceptionally good value for its location, maintenance, size and investment security. This is a must see for an experienced or novice investor.
Robie Street to Elm to Queen.
Listing Sub-Area:
104-Truro/Bible Hill/Brookfield
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
Total 4440 sq ft
Lot Details:
14960 sq ft
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
Yes
# of Rental Units / Occupied:
3
# Floors:
3
Exterior Finish:
Vinyl
Foundation:
Stone
Basement:
Undeveloped, Walkout
Floor Finish:
Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard, Furnace, Heat Pump -Ductless
Fuel:
Electric, Oil
Parking:
Yes
Parking Description:
10 paved parking spots
Driveway:
Paved
Water Supply:
Municipal
Water And Sewage:
779
Sewer:
Municipal
Num Units:
3
Num 2 Bed Units:
1
Num 3 Bed Units:
1
# Of Dishwashers:
1
# Of Dryers:
1
# Of Fridges:
4
# Of Microwaves:
0
# Of Stoves:
3
# Of Washers:
1
Rental Income:
53046
Approx. Net Income:
21774
Insurance Expense:
2100
Taxes Costs:
7616
Other Costs:
938 Alarm
Betterment Charges:
Assessment for commercial is 99,600
Snow / Garbage Collection:
3220
Heating Bill:
5685 (avg of 2 yrs)
Electricity Bill:
3884 (avg of 2 yrs)
Approx. Total Expense:
26136
HST:
Unknown
Approx. Total Income:
47,880
Cable, Dining Room, Laundry, Storage, Telephone
3 Stoves, 4 Fridges, 1 Dishwasher, 1 Washer, 1 Dryer
Washer & Dryer on 2nd floor, 1 Washer in Basement
School Bus Service, Shopping, Recreation Center, Park, Golf Course
Range - Electric, Dishwasher, Dryer - Electric, Washer, Refrigerator
Other
Deck, Shed
No
55 Queen Street, Truro
Assessment:
149500.0
Assessment Year:
2017
Zoning:
16
Possession Info:
As Negotiated
Listed Date:
Jul 05, 2018
Days on Mkt:
106
Listing information last updated on August 28, 2018 at 07:20 PM (UTC)
Patricia MacLellan