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87 Park Street, Truro, NS, B2N 3J5

MLS® # 202615270
Investment For Sale In Truro, Nova Scotia
$399,900 QuickQuoteTM: $357K - $479K
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
87 Park Street, Truro, NS
  • Advertising
87 Park Street, Truro, NS, B2N 3J5
$399,900

Property Information:

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. All four apartments are currently occupied by great long-term tenants. 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 property’s 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.

Property Features:

  • Built in: 1905
  • Title to Land: Freehold

Data provided by: Nova Scotia Association of REALTORS® 68 Highfield Park Drive, Suite 112, Dartmouth, Nova Scotia B3A 0E4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

Sales/Price History

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Location of 87 Park Street, Truro, NS, B2N 3J5

Demographic Information of 87 Park Street, Truro, NS, B2N 3J5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,504.35

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.47 %

High school certificate or equivalent

28.81 %

Apprenticeship trade certificate/diploma

7.87 %

College/non-university certificate

25.07 %

University Degree

19.77 %

Commuter

Travel To Work

By Car

82.41 %

By Public Transit

0.0 %

By Walking

12.89 %

By Bicycle

0.0 %

By Other Methods

4.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

54.96 %

Houses

45.04 %

Own Vs. Rent