About 614 Main Street
Calling all investors! Here is a fantastic investment opportunity in sought-after, University town of Wolfville, NS. This two-building, 6 unit opportunity has a solid occupancy history. Sitting on Main Street just a stroll to Acadia University and all that downtown has to offer. The primary home is a Victorian build with a 3 bedrm/1 bath unit on the main floor and a 3 bedrm/1 bath unit on the second floor. one unit with Laundry and a common area space with another washer/dryer. The second building offers 4 x 1 bedrm units, 2 on the main level and 2 on the top level, the top levels come with loft style bedrms. Walking distance to Acadia holds very high rental demand, primarily students, who in the main building do share accommodations. All units have fridges & stoves included in the sale. Downtown Wolfville is a 5-minute walk away with local restaurants, shopping centres and bars. Kings Transit bus service is available and access to major Highway #101 is only a 5-minute drive, Halifax with an international airport is approximately an hour away. This fantastic investment opportunity has committed rent rolls for majority of the units until April 2024. The building is well maintained & shows well, so future maintenance costs are expected to be lower going forward. Please allow 36 hours notice for showings.
Features of 614 Main Street
MLS® # | 202400176 |
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Price | $858,500 |
Bedrooms | 10 |
Acres | 0.36 |
Type | Residential Income |
Sub-Type | Multi Family |
Status | Closed |
Date Sold | December 20th, 2023 |
Community Information
Address | 614 Main Street |
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Area | Annapolis Valley |
District | Kings County |
Sub-District | V2 |
City | Wolfville |
County | Kings |
Province | NS |
Postal Code | B4P 1T4 |
Amenities
Utilities | Electricity Connected |
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Parking | Paved |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | See Remarks |
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Appliances | Stove, Dryer, Washer, Refrigerator, Dishwasher |
Heating | Baseboard, Forced Air |
Fireplace | No |
Has Basement | Yes |
Basement | Unfinished |
Exterior
Lot Description | 0.5 to 0.99 Acres |
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Roof | Asphalt |
Construction | Shingle Siding, Vinyl Siding |
Foundation | Concrete Perimeter, Slab, Stone |
School Information
Elementary | Wolfville School |
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High | Horton High School |
Additional Information
Zoning | R3 |
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Listing Details
Office | Exit Realty Town & Country |
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