18 Woodman Road
Wolfville, Nova Scotia
MLS® 202623462
$1,035,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202623462
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1984
1 / 50Listing 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.
Property summary
- MLS® number
- 202623462
- Property type
- Multi-family
- Building type
- Fourplex
- Title
- Freehold
- Land size
- 0.469 acres
- Built in
- 1984
- Parking
- Paved Yard, Parking Space(s)
- Days on market
- 0 days
Features & details
- Heating
- Heat Pump, Baseboard heaters, Electric, Ductless
- Cooling
- Air Conditioned
- Flooring
- Carpeted, Ceramic Tile, Vinyl Plank
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
- Exterior features
- Wood siding
- Community features
- School Bus
What would this home cost you?
Based on the $1,035,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Exit Realty Town & Country, Greenwood.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.