$494,900

$499,900For salePrice drop↓ $5,000 (1%)

40 King Street, Truro - Multi-family for Sale

40 King Street, Truro, Nova Scotia, B2N3K6

7,100 sq ft (0.16 ac) lot sizeListed 85 days ago

Overview

This multi-family property in Truro is for sale. It has been on the market 85 days, fresher than the Truro average of 170 days.

433 Robie Street, Truro, Nova Scotia, B2N1M2

Lot size 2,892 sq ft

Listed by RE/MAX Nova

104 Lorne Avenue, Truro, Nova Scotia, B2N3K5

For sale

12 days ago

$590K

104 Lorne Avenue, Truro, Nova Scotia, B2N3K5

Lot size 5,850 sq ft (0.13 ac)

Listed by RE/MAX Nova

38 VICTORIA Street, Truro, Nova Scotia, B2N1Y6

For sale

15 days ago

$520K

38 VICTORIA Street, Truro, Nova Scotia, B2N1Y6

Lot size 9,030 sq ft (0.20 ac)

Listed by RE/MAX Fairlane Realty

90 Ford Street, Truro, Nova Scotia, B2N3H2

For sale

47 days ago

$535K

90 Ford Street, Truro, Nova Scotia, B2N3H2

Lot size 5,001 sq ft (0.11 ac)

Listed by PG Direct Realty Ltd.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (est. / yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$494,900

Truro

Book a showing

Description

Looking for a turnkey investment property with strong financials and recent updates? 40 King St may be just what you've been looking for! This downtown triplex features x3 well cared for units and recent updates, most notably a re-wire so each unit has it's own meter and electric heat - each resident can take care of their own heating and electricity! Units have outdoor space, their own parking spaces, and even comes with double garage that could be used by the owner or possibly rented separately for additional income. Whether you're looking for a home with some income, or a pure investment - check out 40 King today! (id:66096)

Property Details

MLS®: 202620304
Property Type: Multi-family
Lot Size: 7,100 sq ft (0.16 ac)
Basement: Unfinished, Full
Heating: Baseboard heaters, Electric
Ownership: Freehold
Listed: 85 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Tile, Hardwood, Laminate
Foundation: Concrete Perimeter
Exterior: Wood shingles, Wood siding
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

85d

Truro listings, avg age

170d

List price

$495K

Haho

This multi-family in Truro has been listed for 85 days, which is 85 days fresher than the city average of 170. Act while there is still low competition.

Set a price alert Book a showing

Listed by Royal LePage Truro Real Estate · Andrew Keddy

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$494,900

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,745

Min 5%50%

Mortgage payment$2,607/mo

↳ CMHC premium ($18,806 capitalized)

Est. property tax$371/mo

Total monthly$2,978

Cash Needed to Close

Down payment (5%)$24,745

Land transfer tax$7,424

Est. closing costs$3,985

Total cash needed$36,154

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice