87 Park Street, TRURO

2025-09-28
 

Quick Summary

Location
87 Park Street, TRURO, Nova Scotia B2N3J5
Price
$429,900 CAD
Status:
For Sale
Property Type:
Multi-family
Year of Construction:
1905

MLS®#202524511

Property Description

Welcome to 87 Park Street, a solid and income-producing 4-unit building in the heart of Truro. Featuring 4 one-bedroom units, this well-maintained building is an excellent opportunity for investors seeking a reliable rental property in a strong rental market. Two units received 1 kitchen and 2 bathroom renovations in 2022, offering an updated touch. Of the four apartments, three are currently occupied by great long-term tenants, while one unit is vacant, providing immediate flexibility for new owners - either to rent at current market rates or to occupy themselves. Each unit is heated with oil-fired hot water baseboard heating, supported by an oil-run hot water tank, and enhanced with individual ductless heat pumps for year-round efficiency and tenant comfort. The combination of systems ensures reliable heating in the winter and the added bonus of cooling in the summer. Each unit comes equipped with a fridge and stove, (all included in the sale). There is no on-site laundry, but tenants use nearby laundromats. Upgrades in the last 5 years include - new back decks to all 4 units, new metal roof, heat pumps in all units, and a new hot water tank and furnace in 2020. The propertys central location is a major draw, within walking distance to schools, shopping, dining, and the downtown core. Tenants enjoy the convenience of nearby amenities and public transit, while commuters benefit from quick access to Highway 102. With strong rental demand for one-bedroom units, recent updates, and dependable tenants already in place, this property offers both steady cash flow and future growth potential. 87 Park Street is a smart long-term investment. Book your showing today. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Course, Park, Playground, Public Transit, Shopping, Place of Worship

Building

  • Appliances: Stove, Refrigerator
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl
  • Fireplace: No
  • Flooring Type: Ceramic Tile, Hardwood, Laminate
  • Building Type: Fourplex
  • Utility Water: Municipal water

Land

  • Land Size: 0.1717 ac
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by Royal LePage Atlantic (Enfield)
Listing information last updated on: 2025-09-28 01:10:05


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$500,000

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Savings calculated using One Percent Realty East Inc’s posted commission rates compared to a brokerage charging 5%. (HST is extra). Not all agents charge the same.

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We are a fully licensed real estate brokerage offering the same top-tier services and exposure as the big names in the industry—but at a lower commission rate. Here's what you can expect when you work with us: ✅ Full MLS® system listing ✅ Exposure on all major internet real estate platforms ✅ Professional signage (where permitted) ✅ Property showings and open houses ✅ Strategic advertising to attract buyers ✅ Skilled negotiation to secure the best deal ✅ Seamless conveyancing to ensure a smooth closing With us, you’re getting everything you need to sell your property successfully—just without the high commission fees.

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Simple, Transparent Pricing—No Surprises! Our commission structure is designed to save you money while providing top-tier service: • Residential Properties Under $400,000: $7,950 • Residential Properties Between $400,000 and $900,000: $9,950 • Residential Properties Over $900,000: 1% of the sale price + $950 Plus applicable taxes. Optional Flexibility: You have the option to offer additional commission to the buyer's agent. The choice is entirely yours! For commercial properties, farms, or development properties, please contact a One Percent Realty East agent directly or fill out the market evaluation form at the bottom right of our website. An agent will be in touch to discuss your specific needs. It’s that simple. Maximum service, minimum commission!

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