$550,000
43 DUKE Street
Beds
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Great income opportunity in the heart of downtown Truro! This well-maintained triplex features three 1-bedroom units, all currently occupied and generating steady rental income. The upper unit is a bright flat with the added bonus of untapped attic spaceoffering excellent potential for future development or added value. On the main level, youll find two units, one at the front and one at the back, providing functional layouts and strong tenant appeal. Two of the units have seen renovations, and all units command competitive rents for the Truro market. Tenants enjoy the convenience of on-site laundry, while each unit is separately metered for power and equipped with efficient heat pumps, along with oil heat and hot water as a backup. Situated just minutes from groceries, shopping, and all downtown amenities, this property is ideally located for tenants. A large garage-style shed in the backyard adds additional storage or potential utility space. A solid investment with immediate income and future upside! (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- Truro
- Common interest
- Freehold
- Lot size
- 0.23 acres
- Lot dimensions
- 0.2273
- On market
- Apr 1, 2026
- Status changed
- Apr 14, 2026
- Photos
- 10
- MLS#
- 202606097
- Area
- TRURO
Features and systems
Parking
Appliances
Cooling
Flooring
Foundation
Community
Cash on cash
-12.07%
Cap rate
3.48%
GRM
16.7
Break-even rent
$3,915
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Truro. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.