Cohen MacInnis, REALTOR®

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Direct 902.880.6018 | 1.800.765.3599 | cohen@cohenmacinnis.com

 

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1594 Truro Road in Hilden: 104-Truro/Bible Hill/Brookfield Multi-Family for sale (Northern Region) : MLS® # 201702861

1594 Truro Road Hilden B0N 1C0 : 104-Truro/Bible Hill/Brookfield

Main Photo: 1594 Truro Road in Hilden: 104-Truro/Bible Hill/Brookfield Multi-Family for sale (Northern Region)  : MLS® # 201702861
$1,299,000
Prop. Type:
Multi-Family
MLS® Num:
201702861
Status:
Active
Invest in your future, Invest in positive cash-flow income properties 1594 Truro Road locally known as Cambrian House Apartments is an opportunity to own 24 unit apartment building with many suite/building updates including windows, kitchens, flooring, patio doors. This investment opportunity offers 24 units with 1-1bed unit, 20-2bed units and 2-3bed units. Solid building in above average condition with on-site property management - just 6km to Downtown Truro. Full income, expenses and sales prospectus available upon completion of Confidentiality Agreement
Willow Street to Arthur to Young to Truro Road, Civic 1594 on right past Hilden Elementary
Listing Sub-Area:
104-Truro/Bible Hill/Brookfield
Property Type:
Multi-Family
Multi-Family Type:
Over 12 Units
Title To Land:
Freehold
Lot Details:
2 Acres
Lot Size:
Switch units of measure2 acre(s)
Prop Size:
1 to 2.99 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
24
# Floors:
3
Exterior Finish:
Brick
Foundation:
Concrete, Slab
Basement:
None
Floor Finish:
Carpet, Laminate
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Parking Description:
24 Tenant spots, 10 guest spots
Driveway:
Parking Spaces(s), Paved
Water Supply:
Drilled Well, Well
Sewer:
Municipal
Num 1 Bed Units:
1
Num 2 Bed Units:
20
Num 3 Bed Units:
3
# Of Fridges:
24
# Of Stoves:
24
Rental Income:
$172,855.00 (2016)
Laundry Income:
$7,273.75 (2016)
Approx. Net Income:
$112,780.00
Insurance Expense:
$8,121.55
Taxes Costs:
$16,220.71
Other Costs:
$6,175.26 Oil
Heating Bill:
$36,831.26
Approx. Total Expense:
$67,348.78
HST:
HST over and above the purchase
Approx. Total Income:
$180,128.75 (2016)
Balcony, Cable, Dining Room, Intercom, Power, Security Building, Telephone
24 Fridges, 24 Stoves
Tenant Belongings
School Bus Service
Range - Electric, Refrigerator
None
No
Cambrian House Apartments - A 24-unit Apartment Building
Zoning:
R4
Elementary School:
Hilden Elementary School
Middle School:
Truro Junior High School
Possession Info:
As agreed
Listed Date:
Feb 09, 2017
Days on Mkt:
252
Listing information last updated on 4-Sep-2017 4:03 AM
COHEN MACINNIS