Brand New 4-Unit Building With An Approved Permit To Build a Second 4-Unit Building! The Ultimate Cashflow Property! Located right off of Highway 102, this Brand New building is ready to cashflow, along with having an Approved Permit and pad to construct a second 4-unit building on the land - all setup for you to jump head first into this and generate more income! This is the ideal property to be looking for to want to add to your portfolio. This building offers two 2-bedroom main level units with attached garages and two 3-bedroom / 2 bathroom second level units. Currently, one of the 3-bedroom units is renting for $2,500 and one of the 2-bedroom units is renting for $2,200. Appliances included, these units are spacious and modern with electric heat and heat pumps, along with each unit having their own laundry. The quality and level of these units are as high as they get, attracting high-quality tenants and high amount rents. For anyone looking to get into a building that cash heavily cashflow, as well as build an entire second building for more income, this is exactly what you've been looking for. Ample parking and green space makes this feel like a home for your tenants, not just an apartment. Let's make this your next portfolio addition!
Coming off the 102 Highway, turn right headed towards Onslow. 267 Onslow Mountain Road will shortly be on your left.
Listing Sub-Area:
104-Truro/Bible Hill/Stewiacke
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
80 x 32 + 8 x 15 + 8 x 15
Outside Dimenions:
80 x 32 + 8 x 15 + 8 x 15
Lot Size:
0.55 acre(s)0.22 hectare(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
2
Age:
0
# Floors:
2
Exterior Finish:
Vinyl
Foundation:
Slab
New Constr.:
Yes
Construction Status:
Complete
Basement:
None
Floor Finish:
Vinyl Plank
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless
Fuel:
Electric
Garage Description:
Two single-attached garages for the bottom units
Parking:
Yes
Parking Description:
6 Parking spots with garages
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Drilled Well
Sewer:
Municipal
Num Units:
4
Num 2 Bed Units:
2
Num 3 Bed Units:
2
# Of Dishwashers:
4
# Of Dryers:
4
# Of Fridges:
4
# Of Microwaves:
4
# Of Stoves:
4
# Of Washers:
4
Rental Income:
Yes, $112,800
Approx. Net Income:
99517.70
Insurance Expense:
2403
Taxes Costs:
4672.41
Maintenace:
2624.08
Management expense:
2880
Snow / Garbage Collection:
702.81
Approx. Total Expense:
13282.3
Approx. Total Income:
$112,800
Apt Conforming, Laundry, Power
All 5 Appliances are included with each unit
Tenant Belonings
Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
Data was last updated August 25, 2026 at 06:30 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$444,950
Min list price:
$320,000
Max list price:
$1,300,000
Avg days on market:
73
Min days on market:
1
Max days on market:
410
These statistics are generated based on the current listing's property type
and located in
104-Truro/Bible Hill/Stewiacke. Average values are
derived using median calculations. This data is not produced by
the MLS® system.