59 Pleasant Street

Description

Turnkey Duplex with Excellent Income & Upgrades in Truro Welcome to 59 Pleasant Street, a standout income-generating duplex in the heart of Truro that offers immediate cash flow, thoughtful upgrades, and excellent long-term tenants already in place. Partially rented and well maintained, this property currently brings in a monthly income of $1,543. With both units occupied, theres potential for up to $3,045 a month thats $36,540 annually, with strong potential for future growth. The lower unit offers 1,105 sq ft, featuring 2 bedrooms and 1 bathroom, and was fully renovated in 2022 with a modernized bathroom, new flooring, fresh paint, updated fixtures, and stylish finishes. The upper unit spans 958 sq ft with 3 bedrooms and 1 bathroom, and is bright, clean, and well cared for. Both units are fully equipped with appliances and in-suite laundry, all of which are included in the sale. Heat, water, hot water, and electricity are included in the rent, making these suites especially attractive to tenants. This turnkey property boasts a long list of upgrades: new back decks, privacy fencing, a freshly paved driveway, a new roof (2020), and a new hot water tank (2024), new electrical panel and baseboard heaters in the upper unit (2026). Systems are low-maintenance, featuring electric baseboard heat, energy-efficient heat pumps, and municipal water and sewer. Located in a family-friendly Truro neighbourhood close to great schools, parks, shopping, and downtown amenities, this property is just 1 hour to Halifax and 40 minutes to Halifax Stanfield International Airport, making it ideal for commuters, students, or working professionals. With market rent potential of $1,700 and $1,800/month, this is a rock-solid investment in a growing area. Whether youre an experienced investor or just getting started, 59 Pleasant Street offers stability, value, and long-term upside in one neat package. (id:56844)