$1,035,000 Sale

Listed 40 days ago

18 Woodman Road

MLS® 202623462 Fourplex

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · -

Est. mortgage

$3,926/mo

Key Facts

Key facts for 18 Woodman Road

Property Type

Apartment

Parking

Garage: No, 0 parking

MLS #

202623462

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1984

Maintenance Fee

Description

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 fixe...d-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:10452)

Full Property Details

Interior

Washrooms

0.0

Heating Source

Electric

Heating Type

Baseboard heaters, Heat Pump, Ductless

Air Conditioning

Air Conditioned

Full Bathrooms

Half Bathrooms

Flooring Type

Carpeted, Ceramic Tile, Vinyl Plank

Washrooms

0.0

Heating Source

Electric

Heating Type

Baseboard heaters, Heat Pump, Ductless

Air Conditioning

Air Conditioned

Full Bathrooms

Half Bathrooms

Flooring Type

Carpeted, Ceramic Tile, Vinyl Plank

Exterior

Acreage

0.469 ac

Parking Spaces

Garage Spaces Y/N

Land Amenities

Park, Playground, Public Transit, Shopping, Place of Worship

Acreage

0.469 ac

Parking Spaces

Garage Spaces Y/N

Land Amenities

Park, Playground, Public Transit, Shopping, Place of Worship

Building Description

Home Type

Apartment

Subtype

Fourplex

Year Built

1984

Exterior

Wood siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Fourplex

Year Built

1984

Exterior

Wood siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Wolfville

Area Code

Wolfville

Features

School Bus

Community

Wolfville

Area Code

Wolfville

Features

School Bus

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Evolve Realty Group

Email: Evolverealtygroup@remaxnova.ca Cell: 902-452-2652