Welcome to your next investment opportunity! This over/under 15 year old Duplex in the heart of Truro is ready to continue generating income for the next owner. Featuring two long term committed tenants who both pay their own utilities (landlord pays for water), each unit featuring 2 bedrooms and 1 bathroom in open layouts with a heat pump in each unit located in a fantastic location, this property is only for someone looking to continue to profit month after month. Being 15 years old means little to worry about on top of the property already being kept in great condition. In a prime location in Truro, walking distance to any amenity you'd be looking for, along with the turn key condition of the home with a healthy cap rate, creates a recipe for a property with low vacancy. The great condition of the units, on top of the large private lot, heat pumps, location and so much more all make these units appealing to tenants. This property is also ideal for someone looking to occupy one unit while the other pays down their mortgage. This is the type of opportunity investors wait for!
When on Queen Street, head towards the East End of town. Continue past the Queen and Main street intersection, 295 Queen St will shortly be on your left.
Listing Sub-Area:
104-Truro/Bible Hill/Stewiacke
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
37'6 x 26
Outside Dimenions:
37'6 x 26
Lot Size:
0.57 acre(s)0.23 hectare(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
2
Year built:
2011
(Age: 15)
Age:
15
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Ceramic, Hardwood, Laminate
Roof:
Asphalt Shingle
Heating:
Heat Pump -Ductless, In Floor
Fuel:
Electric
Parking:
Yes
Parking Description:
Multiple Parking Spots
Driveway:
Dirt, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
$565
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
2
# Of Dishwashers:
2
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, 38520
Approx. Net Income:
$32223
Taxes Costs:
$5,732
Approx. Total Expense:
$6,297
Approx. Total Income:
38520
Apt Conforming, See Remarks
Appliances
Tenant belongings
Golf Course, Park, Playground, School Bus Service, Shopping, Place of Worship
Data was last updated June 26, 2026 at 05:20 PM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$434,900
Min list price:
$329,900
Max list price:
$825,000
Avg days on market:
43
Min days on market:
4
Max days on market:
350
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.