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!
Corner of Duke and King
Listing Sub-Area:
104-Truro/Bible Hill/Stewiacke
Property Type:
Multi-Family
Multi-Family Type:
Triplex
Title To Land:
Freehold
Building Dimenions:
23x26 + 19x21
Outside Dimenions:
23x26 + 19x21
Lot Size:
7,100 sq. ft.660 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
3
Exterior Finish:
Wood Shingles, Wood Siding
Foundation:
Concrete
New Constr.:
No
Basement:
Full, Undeveloped
Floor Finish:
Hardwood, Laminate, Tile
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Garage Description:
23x23 double detached
Driveway:
Multiple Driveways
Water Supply:
Municipal
Water And Sewage:
1000
Sewer:
Municipal
Num Units:
3
# Of Fridges:
3
# Of Stoves:
3
Rental Income:
Yes, 45,600
Laundry Income:
0
Other Income:
0
Approx. Net Income:
37586
Insurance Expense:
2050.68
Taxes Costs:
3492.69
Maintenace:
500.0
Snow / Garbage Collection:
650
Heating Bill:
0
Electricity Bill:
320
Approx. Total Expense:
8014
Approx. Total Income:
45,600
Balcony
All appliances
Golf Course, Park, Playground, Recreation Center, School Bus Service, Shopping, Place of Worship
Data was last updated August 16, 2026 at 07:20 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$434,900
Min list price:
$320,000
Max list price:
$825,000
Avg days on market:
79
Min days on market:
5
Max days on market:
401
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.