Truro, NS B2N 7J4,46 South St
Truro, NS B2N 7J4,46 South St
Truro, NS B2N 7J4,46 South St
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Listed by James Gilfoy • Prescott Real Estate Limited
$189,900
Est. payment /mo
4 Beds
1 Bath
1,728 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,728 sqft

Price per Sqft $109

MLS Listing ID 202510182

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1955

Lot Size 6,838 Sqft

Acres 0.157

Property Sub-Type Single Family Residence

Source Nova Scotia

Property Description

Exceptional Opportunity on South Street - Bring Your Vision! Welcome to 46 South Street, a diamond in the rough sitting on a large corner lot in one of Truro's most sought-after mature neighbourhoods. This property may have seen better days, but it has exceptional bones and the potential to become something truly special for the right buyer. Originally purchased as a fix-and-flip project, the current seller is unable to complete the work due to other commitments - creating an incredible chance for you to step in and finish the job. The interior has already been gutted, saving you time and money on demo, and all-new windows and doors have already been purchased and are included with the sale. Zoned R-2, the property can, by right, be converted into two units. The basement, featuring high ceilings and convenient access through the rear entrance, offers a natural opportunity for a smooth conversion into a self-contained suite. Additionally, there's potential for a third unit in the garage subject to a development agreement from the town (buyer to verify). Whether you're an investor, builder, or someone with vision and a bit of elbow grease, this is a rare chance to create real value in a fast-growing market. Just minutes from groceries, public transit, the hospital, civic centre, Dalhousie University's Agricultural Campus, and all the amenities booming Truro has to offer. Please note: the home is currently un-insurable and unlikely to qualify for traditional financing - this is a project best suited to cash buyers or those with alternative financing. We were told by a mortgage broker that this property may qualify for certain private lender financing options. We have an estimate from a General Contractor based in Dartmouth to complete the renovation and convert this property into two units, including most costs, at a price of roughly $153,000. Don't miss out on this promising redevelopment opportunity - contact your agent today to learn more!

Location

Province NS

County Colchester

Area 104-Truro/Bible Hill/Stewiacke

Zoning R2

Region Northern Region

City Region Northern Region

Rooms

Basement Full

Living Room 10.9 x 11.93

Dining Room 8.5 x 5

Kitchen 11.73 x 12.01

Interior

Interior Features High Speed Internet

Heating No Heating/Cooling

Cooling No Heating/Cooling

Flooring Concrete, Hardwood, Other

Inclusions Windows And Doors, Included But Not Installed

Equipment No Rental Equipment

Fireplace No

Appliance None

Basement Type Full

Exterior

Utilities Available Cable Connected, Electricity Connected, Phone Connected, Other

View Y/N No

Roof Type Asphalt

Garage Yes

Private Pool No

Parking Type Attached,Paved

Building

Lot Description Under 0.5 Acres

Dwelling Type Detached

Story 1

Foundation Concrete Perimeter

Sewer Municipal

Water Municipal

Level or Stories 1 3/4 Storey

New Construction No

Others

Ownership Freehold

ParcelsYN No


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agent
Ted Misztela

+1(902) 489-4559 | tadvesz@icloud.com

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