About this home

A short walk to downtown Wolfville, this updated duplex offers an excellent opportunity for investors or owner-occupants. The lower 3-bedroom unit is currently rented for $2,400/month, providing immediate rental income, while the extensively updated upper unit is vacant and ready for an owner-occupant or new tenant. The property sits on a large lot with a spacious yard, offering plenty of room for gardening, outdoor play, or entertaining. The majority of updates since 2021 have been completed in the upper unit, including updated flooring, bathroom improvements, kitchen countertops, fresh paint, modern light fixtures, custom blinds, and appliances less than three years old. It also features a new heat pump, pellet stove, and large rear deck overlooking the yard. The bright upper unit offers 2 bedrooms, spacious living room, large eat-in kitchen, generous laundry room with excellent storage, and an oversized bathroom accessible from the primary bedroom and hallway. The bathroom features a freestanding tub and separate shower. The upper unit can also be purchased fully furnished (upper unit only). The lower unit offers 3 bedrooms and has received bathroom updates and various cosmetic improvements. With $2,400/month in current rental income, this unit provides a strong starting point for investors, while the vacant upper unit offers additional income potential. A newly paved driveway provides parking for multiple vehicles, including three cars side-by-side. Separate power meters allow each unit to pay its own electricity and utility costs, helping simplify management and reduce operating expenses. Located just minutes from shops, restaurants, amenities, and Acadia University, this property offers strong rental appeal. Live in the upper unit while collecting $2,400/month below, or rent both units to maximize income potential. (id:63626)

Listed by: Kate Blanchard, MacKay Real Estate Ltd.

Home facts and features

Price details

List Price

$584,900

Home facts

Bedrooms

Full Bathrooms

Parking Details

Paved Yard

Property Type

Multifamily

Lot Size

12898 ft²

Depth

Year Built

Built in 1996 (30 yrs old)

Title

Freehold

Exterior Finish

Vinyl

Heating Type

Heat Pump, Baseboard heaters, Stove, Electric, Pellet, Ductless

Cooling

Air Conditioned

Appliances

Dryer, Refrigerator, Stove, Washer

Agent details

Primary Agent

Kate Blanchard

Primary Broker

MacKay Real Estate Ltd.

Listing details

Days on REW

123 Days

Property Views

MLS® Number

202613889

Source

Canadian Real Estate Association

Board

Nova Scotia Association of REALTORS®

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Property Insights

Schools nearby

4 Schools are within 4km

Wolfville School

n/a
K - 8

Landmark East School

n/a
3 - 12

Gaspereau Valley Elementary School

n/a
K - 5

Horton High School

n/a
9 - 12

8 Iona RoadWolfville, NS, B4P 2H1