18 Woodman Road, Wolfville, NS B4P 2M5
- $1,035,000
- List Price
- $1,035,000
- Status
- ACTIVE
- MLS#
- 202623462
- Lot Size (Acres)
- 0.46900000000000003
- Style
- Apt Conforming
- Year Built
- 1984
Property 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 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.
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Additional Information
- Area
- Annapolis Valley
- Foundation
- Concrete Perimeter
- Community Features
- Park, Playground, Near Public Transport, School Bus Service, Shopping, Place of Worship
- Features
- Storage
- Basement
- Partially Finished
- Appliances
- Electric Range, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Stove
- Flooring
- Carpet, Ceramic Tile, Vinyl Plank
- Exterior Finish
- Wood Siding
- Parking Features
- Driveway, Parking Spaces(s), Paved
- Roof
- Asphalt
- Utilities
- Electricity Connected
- Water Source
- Municipal
- Sewer
- Municipal
- Elementary School
- Wolfville School
- Middle School
- Wolfville School
- High School
- Horton High School
- Appliances
- Electric Range, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Stove
- Zoning
- R-4
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Listing courtesy of Exit Realty Town & Country.