24 Louise Street
104-Truro / Bible Hill Truro B2N 3K2

$2,350,000
Multi-Family

Main Photo: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 1: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 2: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 3: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 4: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 5: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 6: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 7: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 8: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 9: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 10: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 11: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 12: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 13: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 14: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 15: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Photo 16: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
202506154
Presenting: 24 Louise St, together with the neighbouring property at 20 Louise (triplex), forms a rare investment opportunity in the heart of downtown Truro! This 15 unit building with an approved development agreement for a 16th unit that is mostly finished (well will not be finishing for closing) offers a fantastic opportunity for investors seeking long term rental income in a high-demand area. Located between Prince and Queen street, it's within walking distance to shops, restaurants, and amenities, this property ensures consistent tenant demand and long-term value. 20 and 24 Louise together produce gross potential rental income, based on full occupancy, of approximately $250,000/year making this an attractive addition to the savvy investor's portfolio. As an added benefit, with management already in place, a new owner can simply take over and enjoy the benefits of owning 2 great properties in Truro's thriving downtown! Detailed financials available upon request with a signed Non-Disclosure Agreement. Please Note: 20 and 24 Louise MUST be sold together. 615 Prince is also available from the same owner and the owner would place value on a buyer purchasing all three properties at the same time.
Queen to Louise, property on right
Listing Sub-Area:
104-Truro / Bible Hill
Property Type:
Multi-Family
Multi-Family Type:
Over 12 Units
Title To Land:
Freehold
Building Dimenions:
30x98
Lot Size:
3,598 sq. ft.
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
15
Exterior Finish:
Steel
Foundation:
Concrete
Basement:
Fully Developed
Floor Finish:
Laminate, Vinyl
Roof:
Steel
Heating:
Baseboard
Fuel:
Electric
Parking Description:
Limited parking
Driveway:
Gravel, Shared
Water Supply:
Municipal
Sewer:
Municipal
Num Units:
16
Num 1 Bed Units:
8
Num 2 Bed Units:
8
# Of Fridges:
16
# Of Stoves:
16
Rental Income:
Yes, 208,242.36
Approx. Total Income:
208,242.36
Golf Course, Playground, Recreation Center, School Bus Service, Shopping, Marina, Place of Worship
Stove, Refrigerator
None
None
No
Zoning:
UC
Possession Info:
Negotiable
  • Photo 1: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Photo 1 of 16
  • Photo 2: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Photo 2 of 16
  • Photo 3: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Kitchen
  • Photo 4: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Kitchen
  • Photo 5: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Bedroom
  • Photo 6: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Bathroom
  • Photo 7: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Bathroom
  • Photo 8: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Other
  • Photo 9: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Bedroom
  • Photo 10: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Hallway
  • Photo 11: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Other
  • Photo 12: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Other
  • Photo 13: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Other
  • Photo 14: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Laundry room
  • Photo 15: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Utility Room
  • Photo 16: 24 Louise Street in Truro: 104-Truro / Bible Hill Multi-Family for sale (Northern Region)  : MLS®# 202506154
    Utility Room
Listed by Royal LePage Truro Real Estate
Data was last updated April 24, 2025 at 05:20 PM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$499,900
Min list price:
$225,000
Max list price:
$3,600,000
Avg days on market:
86
Min days on market:
2
Max days on market:
473
These statistics are generated based on the current listing's property type and located in 104-Truro / Bible Hill. Average values are derived using median calculations.
JF MACIVOR