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$2,250,000
For Sale
Over 12 Units 15 Units Occupied 3,600 sqft.
24 Louise Street, Truro 16 photos
Type
Over 12 Units
Units Occupied
15
Units Available
16
Age
N/A
Est. Mortgage
Calculating..
Price/Sq. Ft.
N/A
2025 Assessment & Tax
$900,200 $17,126
Lot Size
3,600 sqft
Listing History
First listing event
Historical Assessment
77% increase (2021-2025)
Has Garage
No
Land Registry Records
53 (1920 - 2023)
Margo Rogers ViewPoint REALTOR ® 902-899-8732
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Realtor Info
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Prov. Owner(s)
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District
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MLS Zoning
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Postal Code
B2N 3K2
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Listing Agent(s)
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Selling Agent(s)
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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... 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. Read More

Listing ID: 202506154 PID: 20182770

The above information is from sources deemed reliable but it should not be relied upon without independent verification.

NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright (C) by the Nova Scotia Association of REALTORS®.

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ViewPoint has embarked on an ambitious project to build the Nova Scotia Housing Directory. When complete, this resource will serve renters the same way we serve home buyers. Learn more.

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