12 & 14 Pictou Road
Bible Hill, Nova Scotia
MLS® 202614609
$599,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202614609
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1923
1 / 45Listing description
An Exceptional Development & Investment Opportunity in the Heart of Truro. What truly sets this opportunity apart is the forward thinking vision already in place. The current owners have commissioned architectural plans for a proposed 19 unit residential development with dedicated commercial space, offering investors and developers a head start on unlocking the site's full potential.
Whether your strategy is to hold for cash flow, redevelop immediately, or pursue a phased development approach, this property provides exceptional flexibility and upside. Positioned on a high-visibility corridor and just minutes from downtown, 12 & 14 Pictou Road offers a rare chance to acquire an income-producing asset with significant future development potential. This unique offering consists of two multifamily duplexes featuring a total of four residential units, including two 3-bedroom units and two 2-bedroom units, providing immediate rental income while future plans are advanced.
Strategically located within walking distance of Dalhousie University's Agricultural Campus, Truro Mall, downtown amenities, restaurants, and public transit, the property benefits from strong rental demand and excellent long term growth prospects. Additional features include ample on-site parking and an 18' x 22' garage, further enhancing the property's functionality and value. As Truro continues to experience growth and revitalization, opportunities of this scale, location, and development potential are becoming increasingly difficult to find.
Secure your position in one of Nova Scotia's growing markets and explore the possibilities that 12 & 14 Pictou Road has to offer. Test
Property summary
- MLS® number
- 202614609
- Property type
- Multi-family
- Building type
- Fourplex
- Title
- Freehold
- Land size
- 0.3845 acres
- Built in
- 1923
- Parking
- Paved Yard, Parking Space(s), Gravel
- Days on market
- 92 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Oil, Electric, Ductless, Furnace
- Flooring
- Tile, Hardwood, Laminate, Linoleum, Vinyl Plank
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
- Exterior features
- Vinyl
- Community features
- School Bus, Recreational Facilities
What would this home cost you?
Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Atlantic, Beechville.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.