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- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- 202417642
- Photos (17)
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Ideal investment property, in a perfect location, just steps to Acadia University and downtown Wolfville. Beautiful views with development potential for another income property to maximize your investment. The property is currently set up as three units, with a 6 bedroom, a 3 Bedroom and 2 bedroom. The building is solid construction and has been well maintained with many recent upgrades including a large part of the roof reshingled in 2023, new furnace, new chimney liner & hot water tank in recent years. All wood on the exterior has been repainted and some new windows were installed in 2021. Some units have had new kitchens, some new flooring, and fixtures. Laundry is on-site which is an added bonus for the tenants and the washers and one of the 2 dryers was new in 2021. The walkway to Apt 3 was also done in 2021. More details are available for serious inquiries. Leases are : Apt 1 the 6 bedroom May 2025, Apt 2 August 2025, Apt 3 May 2025.
- Listing Sub-Area:
- Kings County
- Property Type:
- Multi-Family
- Multi-Family Type:
- Triplex
- Title To Land:
- Freehold
- Building Dimenions:
- 2 storey irregular
- Lot Size:
- 13,560 sq. ft.1,260 m2
- Prop Size:
- Under 0.5 Acres
- # of Rental Units / Occupied:
- 3
- Exterior Finish:
- Aluminium Siding, Masonite/Colour Lock
- Foundation:
- Concrete
- Basement:
- Fully Developed, Walkout
- Floor Finish:
- Hardwood, Laminate
- Roof:
- Asphalt Shingle
- Heating:
- Baseboard, Other
- Fuel:
- Electric, Oil
- Parking:
- Yes
- Parking Description:
- multiple
- Driveway:
- Gravel, Paved
- Water Supply:
- Municipal
- Water And Sewage:
- 924.24
- Sewer:
- Municipal
- Num Units:
- 3
- Num Bachelor Units:
- 6
- Num 2 Bed Units:
- 1
- Num 3 Bed Units:
- 1
- # Of Dryers:
- 2
- # Of Fridges:
- 3
- # Of Stoves:
- 3
- # Of Washers:
- 2
- Rental Income:
- Yes, 89,503.80
- Approx. Net Income:
- 62,587.48
- Insurance Expense:
- 4,200
- Taxes Costs:
- 7,130.08
- Other Costs:
- 299.40
- Snow / Garbage Collection:
- 2,155.68
- Heating Bill:
- 5,722.92
- Electricity Bill:
- 6,484.00
- Approx. Total Expense:
- 26,916.32
- Approx. Total Income:
- 89,503.80
- Laundry
- 3 fridges, 3 stoves, 2 washers, 2 dryers
- Park, Public Transit, School Bus Service, Shopping
- Water Heater
- None
- No
- Zoning:
- R2/4
- Possession Info:
- neg
- Elementary School:
- Wolfville School
- High School:
- Horton High School
- Listed Date:
- Jul 24, 2024
- Days on Mkt:
- 123
Larger map options:
Listed by Keller Williams Select Realty (Kentville)
Data was last updated November 24, 2024 at 03:20 PM (UTC)
Area Statistics
- Listings on market:
- 17
- Avg list price:
- $407,000
- Min list price:
- $289,900
- Max list price:
- $5,525,000
- Avg days on market:
- 48
- Min days on market:
- 18
- Max days on market:
- 275
These statistics are generated based on the current listing's property type
and located in
Kings County. Average values are
derived using median calculations.
- Tammy Hines, Managing Associate Broker
- Kentville
- (902) 680-2146
- Contact by Email