24-26 King Street, Truro, (MLS® 202427360) RE/MAX nova
Google Play iOS Google Play iOS Google Play iOS

24-26 King Street, Truro

0 0 0 sqft
$650,000 For Sale

Description

Turnkey Investment Property in Prime Truro Location - Incredible Income Potential Discover this beautifully renovated side-by-side duplex on King Street, perfectly situated within walking distance to downtown Truro, the golf course, restaurants, the farmers market, and more. This property combines modern upgrades with classic charm, making it an ideal opportunity for savvy investors. Each unit features 4 bedrooms and 2 bathrooms, including a unique third half-story that provides a versatile retreat- perfect as an additional living area or private office. Recent renovations include new flooring, updated kitchens, refreshed bathrooms, and the addition of multiple energy-efficient heat pumps, ensuring year-round comfort while minimizing operating costs. The large backyard adds outdoor appeal, while the covered front porch enhances the property's character and functionality. Currently operating as a high-performing Airbnb, this duplex has a proven track record of generating consistent income and attracting guests. With its central location and flexible layout, this property offers a range of opportunities. Investors can continue leveraging the short-term rental market for maximum returns, rent both sides to secure stable long-term income, or live in one unit while renting the other to significantly offset expenses. This duplex isn't just a property; it's a lucrative investment in the heart of Truro. This is a great income-generating opportunity!

Listing Details

Address
24-26 King Street, Truro, B2N 3K6

Status
ACTIVE
Listing Price
$650,000
MLS®
202427360
Type
n/a
Style
---
Age
134
PID
20160503

Water
Municipal
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Stone
Roof
Asphalt Shingle
Exterior Finish
Vinyl
Flooring
Laminate,Tile

Looking for a Mortgage? Get Your Free Quote Started Today!

Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Inclusions
Appliances

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

416

Median Age

47.6

Avg Household Size

2.1

Avg House Income

$152K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $354,400 ---
2023 $91,400 ---
2022 $85,100 ---
2021 $80,300 ---
2020 $79,900 ---
2019 $157,700 ---
2018 $156,600 ---
2017 $154,400 ---
2016 $155,200 ---
2015 $152,400 ---
2014 $299,000 ---
2013 $144,200 ---
2012 $140,700 ---

Maps

Mortgage Inquiries

Last Updated On: 4/3/2025 12:41:38 PM (UTC)
SunMonTueWedThuFriSat
27282930123456789101112131415161718192021222324252627282930311234567
SunMonTueWedThuFriSat
27282930123456789101112131415161718192021222324252627282930311234567