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23-360 Main Street
Wolfville
B4P 1C4
Office:
(902) 542-5772
Map search hidden while editing
- Status:
- Sold
- Sold Date:
- Sep 29, 2023
- Listed Price:
- $949,900
- Sold Price:
- $855,000
- Sold in:
- 198 days
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202304065
Fantastic opportunity to own a legal fourplex in the heart of Downtown Wolfville! This property was extensively renovated in 2013 with all new wiring (4 meters with built in fire alarm system), new plumbing, 4 new kitchens, 5 new bathrooms, new German Viessmann hot water boiler system, revamped hot water heat throughout the building and in floor heat in the 2 bedroom basement apartment, Penthouse is completely self sustained with electric heat and tenant paying all utilities, new exterior decks and exterior stairway entry system for the studio and penthouse, new insulation throughout the building including sprayed foam insulation in the foundation and attic areas, standing seam aluminum metal roof with life expectancy for 100 years+, new windows in basement, penthouse and some in main unit, plus a laundry facility available for all four units (currently not coin operated), and the list goes on! There is a penthouse, studio, 4 bedroom apartment, and 2 bedroom apartment in the basement. Currently the property makes approx. $84,000/year gross. This property's potential, income, location, condition, updates, and proximity to Acadia University make this investment a no brainer!
- Listing Sub-Area:
- Kings County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Fourplex
- Title To Land:
- Freehold
- Building Dimenions:
- Irregular
- Lot Size:
- 9,588 sq. ft.
- Prop Size:
- Under 0.5 Acres
- Commercial / Retail Space:
- No
- # of Rental Units / Occupied:
- 4
- # Floors:
- 3
- Foundation:
- Concrete
- New Constr.:
- No
- Basement:
- Fully Developed
- Floor Finish:
- Hardwood, Laminate, Tile
- Roof:
- Metal
- Heating:
- Baseboard, Furnace
- Fuel:
- Electric, Oil
- Parking:
- Yes
- Parking Description:
- 5+ spaces
- Driveway:
- Gravel
- Water Supply:
- Municipal
- Water And Sewage:
- 776.27
- Sewer:
- Municipal
- Num Units:
- 4
- Num 1 Bed Units:
- 2
- Num 2 Bed Units:
- 1
- Num 4 Bed Units:
- 1
- # Of Dishwashers:
- 4
- # Of Dryers:
- 1
- # Of Fridges:
- 4
- # Of Microwaves:
- 0
- # Of Stoves:
- 4
- # Of Washers:
- 1
- Rental Income:
- Yes, 84,000
- Approx. Net Income:
- 71,052.38
- Insurance Expense:
- 4165.00
- Taxes Costs:
- 4256.18
- Heating Bill:
- 2292.58
- Electricity Bill:
- 1457.59
- Approx. Total Expense:
- 12,947.62
- Approx. Total Income:
- 84,000
- Balcony, Laundry, Multi-Use Rooms, See Remarks
- All appliances.
- All tenant belongings.
- Park, Playground, Public Transit, Recreation Center, Shopping, Place of Worship
- None
- No
- View: Bay
- Zoning:
- R2/4/C2
- Possession Info:
- Subject to tenancy/Immediate possession.
- Elementary School:
- Wolfville School
- High School:
- Horton High School
- Middle School:
- Wolfville School
- Listed Date:
- Mar 15, 2023
- Days on Mkt:
- 198
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Listed by Bryant Realty Atlantic
Data was last updated May 13, 2025 at 05:20 PM (UTC)
- EXIT Realty Town & Country
- 1 (902) 840 1600
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