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18 Woodman Road Wolfville, Nova Scotia B4P 2M5

Air Conditioned Baseboard Heaters, Heat Pump, Ductless

$1,035,000

Incredible opportunity to own a high income-generating fourplex in the heart of Wolfville. Why invest in multiple properties when you can get have four income streams under one roof? This unique, low-maintenance property offers strong returns with an impressive cap rate and the stability of all fixed-term leases, attracting a community of mature, reliable tenants. The building features three well-appointed 2-bedroom, 1-bath units, along with one spacious 3-bedroom unit complete with two ensuite baths ideal for maximizing rental flexibility and income potential. One unit is offered furnished, creating an excellent opportunity for flexible rental income, while the remaining units provide consistent, long-term revenue, with all tenants paying their own utilities. Ideally situated on the outskirts of town, the property provides a perfect balance of privacy and convenience- walking distance to local amenities, Lightfoot & Wolfville winery, and nearby access to the scenic Harvest Moon Trail. The property also features dedicated tenant parking, adding everyday ease and appeal. Extensive updates since 2020 enhance both value and peace of mind, including a new roof, extensive renovations to Unit A, some new appliances, heat pumps installed in all units, a new sewer lift pump and alarm, and new connection to municipal sewer services. A rare offering in a highly desirable location, this fourplex combines character, convenience, and a dependable income stream. Please note that all interior photos were taken prior to tenant occupancy. (id:45785)

Property Details

MLS® Number 202623462
Property Type Multi-family
Community Name Wolfville
Amenities Near By Park, Playground, Public Transit, Shopping, Place Of Worship
Community Features School Bus

Building

Appliances Range - Electric, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Constructed Date 1984
Cooling Type Air Conditioned
Exterior Finish Wood Siding
Flooring Type Carpeted, Ceramic Tile, Vinyl Plank
Foundation Type Concrete Perimeter
Heating Fuel Electric
Heating Type Baseboard Heaters, Heat Pump, Ductless
Type Fourplex
Utility Water Municipal Water

Parking

Parking Space(s)
Paved Yard

Land

Acreage No
Land Amenities Park, Playground, Public Transit, Shopping, Place Of Worship
Sewer Municipal Sewage System
Size Irregular 0.469
Size Total 0.469 Ac
Size Total Text 0.469 Ac

https://www.realtor.ca/real-estate/30285582/18-woodman-road-wolfville-wolfville

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Christine Fancy

(902) 300-7114
https://www.facebook.com/exitwithfancy

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