Description
Wow! Owner's loss and your gain. This 3 unit apartment building has just been reduced to only $398,900. That’s over a $60,000 price reduction since it was first listed. There are 2- 2 bedroom units and 1- 3 bedroom. Located on a nice corner lot just minutes to downtown, schools and Victoria Park. The roof shingles, and windows have been replaced over the past few years. Oil tank is newer, freshly painted and more. As previous tenants moved out, owner completed renovations. All units have new breaker panels so you could hook up heat pumps and have tenants pay their own heat. The beauty of most units being empty is that you can determine the rents prior to new tenants moving in. There is currently a tenant in a bachelor unit that you can either ask to stay or the owner will relocate him. Town may allow the addition of 1 or 2 more units. A great opportunity to own this investment property. The reason the current owner is selling is in preparation for retirement.
Listing Details
36 Lyman Street, Truro, B2N 4S2
ACTIVE
$398,900
202524245
n/a
---
89
20189296
Municipal
Municipal
---
Building Specifications
Concrete
Asphalt Shingle
Wood Siding
Laminate,Linoleum
