Fantastic investment opportunity in a great location! This 4 unit building consists of one 2 bedroom and three 3 bedroom units. This building is generating great income with all units occupied and 3 out of 4 units are paying market value. There have also been recent upgrades to the building including heat pumps in all units, new windows and doors.
Truro Heights Road to Anita Cresent to Mitchell Drive
Listing Sub-Area:
104-Truro/Bible Hill/Stewiacke
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Estate Sale
Building Dimenions:
64 x 25 + 12 x 24
Lot Size:
11,029 sq. ft.1,025 m2
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
4
Year built:
1988
(Age: 38)
Age:
38
Exterior Finish:
Vinyl, Wood Siding
Foundation:
Concrete
Basement:
Fully Developed, Full
Floor Finish:
Laminate
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless, Hot Water
Fuel:
Electric, Oil
Driveway:
Double, Gravel, Multiple Driveways
Water Supply:
Drilled Well
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
1
Num 3 Bed Units:
3
# Of Dishwashers:
4
# Of Dryers:
1
# Of Fridges:
4
# Of Stoves:
4
# Of Washers:
1
Rental Income:
78,994.80
Approx. Net Income:
61,618
Insurance Expense:
4578
Taxes Costs:
9088.80
Electricity Bill:
1260
Approx. Total Expense:
17376.80
Approx. Total Income:
78,994.80
Air Conditioning, Laundry
All fridges, stoves, dishwasher, coin-op washer and dryer
Tenants belongings
Golf Course, Park, Recreation Center, School Bus Service, Shopping, Place of Worship
Stove, Dishwasher, Dryer, Washer, Refrigerator
None
Shed
No
5 Mitchell Drive lot 76 Truro Heights Small Apartments
Data was last updated January 25, 2026 at 06:30 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$477,450
Min list price:
$199,900
Max list price:
$3,600,000
Avg days on market:
110
Min days on market:
11
Max days on market:
466
These statistics are generated based on the current listing's property type
and located in
104-Truro/Bible Hill/Stewiacke. Average values are
derived using median calculations. This data is not produced by the MLS® system.