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Home NS Greater Truro Colchester Subdivision B Onslow Upper Onslow
269 ONSLOW Road
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269 ONSLOW Road $377,500
$377,500
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269 ONSLOW Road
Upper Onslow, Nova Scotia B6L5K8

MLS® Number: 202411821

Listing Description

Huge Investment Property Potential; this is a gold mine for a duplex! Currently grossing $42,000 annually with fixed term renters means you could continue to have tenants here generating fantastic cash flow, or choose to live in one unit and rent out the other to cover part of your mortgage.Welcome to your next new project at 269 Onslow Road, your newest addition to your real estate portfolio! This Duplex has great income with newer features that makes this opportunity shine. Over the last 2 years there's been an entire second storey added to this building turning it into the duplex you see today! There's been plenty of upgrades to the main floor while the 2nd floor was being built such as all electric heat, newer windows and more. The income makes this building appealing, having both current market value rents and grossing a great amount of income annually with the 2024 expenses being low as the property has been renovated and the existing tenants pay heat, lights and currently even take care of the lawn! This is definitely a property to consider yourself owning to either start your real estate portfolio! The garage needs work but even has more cash flow potential as you could restore it and renovated for storage units for the tenants to increase unit value or could rent month to month. You're minutes away from the 102 Hwy being on Trunk 2, leading right into Truro for all your amenities and needs. At the buyers discretion and due diligence, there could even be potential to add two more units through a site plan application to the county (this is at the buyers due diligence.) The garage is going to be removed prior to closing at the seller's expense, leaving you more room to possibly use for parking or potentially anything else you may be interested in. Check this one out! (229364365)

Location Description

Turn off the 102 Highway at the Nissan Dealership. Take a right and see 269 Onslow Road after driving 2 minutes.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Community Name
Upper Onslow
Title
Freehold
Land Size
0.4867 ac
Time on REALTOR.ca
170 days

Building

Interior Features
Appliances Included
Oven, Dryer, Washer, Refrigerator
Flooring
Hardwood, Vinyl
Basement Type
Full (Unfinished)
Building Features
Foundation Type
Concrete Perimeter
Heating & Cooling
Cooling
Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Drilled Well
Exterior Features
Exterior Finish
Vinyl
Neighbourhood Features
Community Features
Recreational Facilities, School Bus
Amenities Nearby
Park, Playground, Shopping, Place of Worship
Data provided by: Nova Scotia Association of REALTORS® 112 - 68 Highfield Park Drive, Dartmouth, Nova Scotia B3A 0E4

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