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$1,095,000
For Sale
Fourplex 4 Units Occupied 219,896 sqft. (5.1 acres)
18 Woodman Road, Wolfville 29 photos
Type
Fourplex
Units Occupied
4
Units Available
4
Age
40
Est. Mortgage
Calculating..
Price/Sq. Ft.
N/A
2024 Assessment & Tax
$525,900 $7,757
Lot Size
20,429 sqft
Listing History
10 events over 3 years
Historical Assessment
59% increase (2020-2024)
Has Garage
No
Land Registry Records
28 (1984 - 2023)
Angela Mailman ViewPoint REALTOR ® 902-791-0498
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Realtor Info
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District
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Postal Code
B4P 2M5
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This fourplex is situated on a parklike half-acre lot in the historic town of Wolfville. The building includes a 3 bedroom unit with 2 ensuites while the other three units are two bedrooms & 1 bath. Units A&B have private laundry while units... This fourplex is situated on a parklike half-acre lot in the historic town of Wolfville. The building includes a 3 bedroom unit with 2 ensuites while the other three units are two bedrooms & 1 bath. Units A&B have private laundry while units C&D share laundry. Just minutes from the heart of downtown Wolfville, this is an ideal location for young professionals. Vacancy has never been an issue with this sought-after building and location. Investors will be pleased to know that itcurrently carries a 6.4% cap rate with room to grow. Further, using current interest rates the property is cash flow positive.The roof was re-shingled in September 2020. Meanwhile, unit A was extensively renovated in 2022 with a new kitchen, bath, flooring, deck, patio door, lighting, drywall, plumbing, electrical, barn doors and paint throughout. In the last couple of years work updates on the building include some brand new appliances, new toilets, new sewer lift pump, municipal street connection and new heat pumps in all units. With its proximity to shopping, Acadia University, Church Brewing & countless wineries makes this a wonderful opportunity for all investors. Read More

Listing ID: 202406217 PID: 55278212

The above information is from sources deemed reliable but it should not be relied upon without independent verification.

NSAR IDX Reciprocity listings are displayed in accordance with NSAR's IDX Agreements and property information is provided under copyright (C) by the Nova Scotia Association of REALTORS®.

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