12 & 14 Pictou Road, Bible Hill

$599,000

12 & 14 Pictou Road, Bible Hill — photo 112 & 14 Pictou Road, Bible Hill — photo 212 & 14 Pictou Road, Bible Hill — photo 312 & 14 Pictou Road, Bible Hill — photo 412 & 14 Pictou Road, Bible Hill — photo 512 & 14 Pictou Road, Bible Hill — photo 612 & 14 Pictou Road, Bible Hill — photo 712 & 14 Pictou Road, Bible Hill — photo 812 & 14 Pictou Road, Bible Hill — photo 9

About this property

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:66939)

Property details

Price
$599,000
Lot size
0.3845 acres
Year built
1923
Property type
Multi-family
MLS® number
202614609

Location

Map showing the location of 12 & 14 Pictou Road, Bible Hill

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Listing courtesy of Royal LePage Atlantic. Source board: Nova Scotia Association of REALTORS®.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. 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 are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.