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86 and 90 Ford Street
104-Truro / Bible Hill
Truro
B2N 3H2
$1,250,000
Multi-Family
built: 2010
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202501459
- Year Built:
- 2010
- Photos (43)
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Excellent investment opportunity in 86 and 90 Ford Street, Truro. This property package includes two 15 year old buildings (two PID’s) on slabs with four identical units in total. Each unit has 1600 sq ft of living space, 3 bdrms (walk in closet in primary), 2 baths, in floor heat, 2 heat pumps, 5 appliances, open concept kitchen, dining and living room areas, paved driveways, large deck, laundry in each unit, as well as, an attached garage. All units are at current market value rents (fixed leases). Tenants pay their own heat and lights. Incredible location - close to schools, shopping and a short walk to downtown. Excellent ROI, current cap rate of 6.34%. This is your retirement plan in one sale. Only basic maintenance needed, current owners took pride in the maintenance of these buildings, turn key rentals.
- Robie Street then turn left on Ford Street, buildings are on the left.
- Listing Sub-Area:
- 104-Truro / Bible Hill
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Building Dimenions:
- 56 x 31.5 - 10 x 20 (x2)
- Outside Dimenions:
- 50x100 (x2)
- Lot Size:
- 10,001 sq. ft.929 m2
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 4
- Year built:
- 2010 (Age: 15)
- Age:
- 15
- # Floors:
- 2
- Exterior Finish:
- Vinyl
- Foundation:
- Slab
- Basement:
- None
- Floor Finish:
- Laminate, Tile
- Roof:
- Asphalt Shingle
- Heating:
- Heat Pump -Ductless, In Floor, Radiant
- Fuel:
- Electric
- Garage Description:
- single garage (under each unit)
- Parking:
- Yes
- Parking Description:
- paved driveway
- Driveway:
- Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 1400.00/yr
- Sewer:
- Municipal
- Num Units:
- 4
- Num 3 Bed Units:
- 4
- # Of Dishwashers:
- 4
- # Of Dryers:
- 4
- # Of Fridges:
- 4
- # Of Microwaves:
- 0
- # Of Stoves:
- 4
- # Of Washers:
- 4
- Rental Income:
- Yes, 98,976.00/yr
- Approx. Net Income:
- 83,076.00
- Insurance Expense:
- 3500.00/yr
- Taxes Costs:
- 11,000./yr (both bldgs)
- Approx. Total Expense:
- 15,900.00
- Approx. Total Income:
- 98,976.00/yr
- Cable, Heat/Air Exchange, Power, Telephone
- Fridge x4, Stove x4, Dishwasher x4, Washer X4 and Dryer x4.
- Park, Playground, School Bus Service, Shopping, Place of Worship
- Stove, Dishwasher, Dryer, Washer, Refrigerator
- None
- Deck
- No
- Zoning:
- R2
- Possession Info:
- Negotiable
- Elementary School:
- Truro Elementary School
- French Imm Elementary School:
- ÉCOLE ACADIENNE DE TRURO
- French Imm High School:
- ÉCOLE ACADIENNE DE TRURO
- French Imm Middle School:
- ÉCOLE ACADIENNE DE TRURO
- High School:
- Cobequid Educational Centre
- Middle School:
- Truro Junior High School
- Listed Date:
- Jan 23, 2025
- Days on Mkt:
- 12
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Front Of Structure
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Front Of Structure
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Side Of Structure
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Back Of Structure
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Aerial View
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Entrance Foyer
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Entrance Foyer
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Entrance Foyer
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Bedroom#2
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Bedroom #2
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Bedroom #3
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Bedroom #3
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Bedroom #3
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Bedroom #3
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Downstairs bathroom
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Downstairs bathroom
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Stairs
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Main level
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Livingroom/Diningroom
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Livingroom
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Livingroom
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Living Room
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Diningroom
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Dining room
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Kitchen
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Kitchen
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Kitchen
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Kitchen
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Main Bathroom
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Main Bathroom
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Laundry
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Primary Bedroom
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Primary bedroom
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Aerial View
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Aerial View
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Back Of Structure
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Back Of Structure
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Back Of Structure
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Front Of Structure
-
Front Of Structure
-
Aerial View
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Aerial View
-
Aerial View
Larger map options:
Listed by Keller Williams Select Realty
Data was last updated February 4, 2025 at 01:20 AM (UTC)
Area Statistics
- Listings on market:
- 31
- Avg list price:
- $499,900
- Min list price:
- $74,900
- Max list price:
- $2,900,000
- Avg days on market:
- 60
- Min days on market:
- 6
- Max days on market:
- 393
These statistics are generated based on the current listing's property type
and located in
104-Truro / Bible Hill. Average values are
derived using median calculations.
- Lynnette Carter, REALTOR®
- Bedford
- 902-229-9800
- Contact by Email