Location! Location! Fantastic investment opportunity in the Town of Wolfville within walking distance of Acadia University, town amenities and featuring gorgeous views of the Bay of Fundy, Cape Blomidon and surrounding dyke land. This multiunit consists of a 4 bedroom unit on the upper 2 floors as well as a 2 bedroom unit with separate entrance on the lower level. Current impressive profitable net margins with the opportunity to purchase adjacent lot for further development. Upgrades include: Year 2020 Created Unit B (2 bed, 1 bath) on the lower level and created laundry room in Unit A on the main floor. Year 2021 ductless heat pump installed in Unit A. Call today for more information and to book a private showing!
Listing Sub-Area:
Kings County
Property Type:
Multi-Family
Multi-Family Type:
Duplex
Title To Land:
Freehold
Building Dimenions:
Irregular
Lot Size:
0.918 acre(s)0.372 hectare(s)
Prop Size:
0.5 to 0.99 Acres
# of Rental Units / Occupied:
2
Exterior Finish:
Wood Shingles
Foundation:
Concrete
Basement:
Full, Fully Developed, Walkout
Floor Finish:
Ceramic, Softwood, Other
Roof:
Asphalt Shingle
Heating:
Baseboard, Heat Pump -Ductless, In Floor, Ductless Cooling
Fuel:
Electric
Garage Description:
None
Parking:
Yes
Parking Description:
Single Gravel Driveway, Multiple parking spots
Driveway:
Gravel, Parking Spaces(s)
Water Supply:
Municipal
Water And Sewage:
$100/Month
Sewer:
Municipal
Num Units:
2
Num 2 Bed Units:
1
Num 4 Bed Units:
1
# Of Dryers:
2
# Of Fridges:
2
# Of Stoves:
2
# Of Washers:
2
Rental Income:
Yes, $5470/month
Approx. Net Income:
$47,640
Insurance Expense:
$400/Month
Taxes Costs:
$500/Month
Electricity Bill:
$500/Month
Approx. Total Expense:
$18,000
Approx. Total Income:
$65,640
Power
2 Stoves, 2 Fridges, 2 Washing Machines, 2 Dryers
Park, Playground, Public Transit, Recreation Center, School Bus Service, Shopping, Place of Worship
Data was last updated December 11, 2023 at 01:20 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$554,450
Min list price:
$259,000
Max list price:
$10,500,000
Avg days on market:
60
Min days on market:
13
Max days on market:
189
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.