12 & 14 Pictou Road

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 (id:56844)

Listing

MLS® number

202614609

Status

Active

Days On Market

136

Building

Type

Fourplex

Year built

1923

Foundation

Stone, Concrete Perimeter, Unknown

Interior

Flooring

Tile, Hardwood, Laminate, Linoleum, Vinyl Plank

Heating

Heat Pump, Baseboard heaters, Oil, Electric, Ductless, Furnace

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave

Land

Lot size

0.38 acres

Exterior features

Vinyl

Community

School Bus, Recreational Facilities

Parking

Type

Paved Yard, Parking Space(s), Gravel

Utilities

Water

Dug Well, Well

Sewer

Municipal sewage system

Fees and taxes

Common interest

Freehold

Parcel number

20061305

Directions

Take Exit 14 trunk 2 NS-2 South; Left on Marshland Dr; Left on Park; Left on Main; Left on Pictou